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

Question

Quizplus · Accepted Answer

A partnership is the most common form of business organization for a small law practice with two owners. Joint ventures are typically formed for specific projects or short-term agreements. A corporation would be more complex and expensive to establish and maintain, and a proprietorship would not allow for equal sharing of revenues and expenses.

John and Sam Met at Law School and Decide to Start