As attorneys who share equal ownership, profits, and losses in their firm, Raymond James and Alexander Doss have opted for which legal form of
Business ownership?
A)partnership
B)sole proprietorship
C)limited liability corporation
D)S corporation

Question

Quizplus · Accepted Answer

Raymond James and Alexander Doss have opted for a partnership, which is a legal form of business ownership where two or more individuals share equal ownership, profits, and losses. This is the most logical choice based on the information given in the question.

As Attorneys Who Share Equal Ownership, Profits, and Losses in Their