Pete Yankin and Ken Lowery established a company that markets fishing expeditions.Yankin and Lowery share responsibilities for booking the trips,gathering supplies,and guiding groups into locations where they can fish for salmon.Since the two share any profit equally,what sort of business do they have?
A) a sole partnership
B) a general partnership
C) a limited cooperative
D) a general cooperative
Correct Answer:
Verified
Q1: Faye Adkins had a relish that her
Q2: Oscar Patel and Jon O'Keefe own and
Q3: Sanford Lee is planning to open a
Q3: Which of the following statements best describes
Q5: Which type of business organization experiences the
Q6: Which of the following is an advantage
Q10: Al Tomlin and Wilson Nkata recently closed
Q11: Thom Georges wants to open a store
Q12: What is the most common form of
Q17: Sole proprietorships experience which of the following
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents