John and Sam met at law school and decide to start a small law practice after graduation. They agree to split revenues and expenses evenly. The most common form of business organization for a business such as this would be a

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A partnership is the most appropriate form of organization for a small law practice with two owners who want to equally share profits and expenses. A joint venture is a temporary partnership for a specific purpose, a corporation is more complex and costly to set up, and a proprietorship is not suitable for multiple owners.

John and Sam Met at Law School and Decide to Start