A is an association of two or more persons to carry on, as co-- owners, a business for profit, where each owner owns a share of the business and is personally liable for the firm's profits or losses.

Question

Quizplus · Accepted Answer

A partnership is a business structure where two or more individuals own and operate a business together, sharing profits and losses, and are personally liable for the business's obligations.

A Is an Association of Two or More Persons to Carry