In the context of business ownerships, a _____ is established when two or more people agree to contribute resources to start and operate a business together.

Question

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A partnership is a business ownership structure where two or more people agree to contribute resources and share in the profits and losses of the business. This can be established through a partnership agreement, which outlines the terms of the partnership such as each partner's ownership percentage and responsibilities.

In the Context of Business Ownerships, a _____ Is Established