George and Ringo 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 business organization for George and Ringo's small law practice as they have agreed to split revenues and expenses evenly. Joint ventures are typically formed for a specific project or limited time period, and corporations and proprietorships are not ideal as they do not have the same level of shared management and decision-making rights as a partnership.

George and Ringo Met at Law School and Decide to Start