In a ____ structure, two or more people own the business.
A) corporation
B) proprietorship
C) partnership
D) limited liability company

Question

Quizplus · Accepted Answer

In a partnership structure, two or more people own and operate the business together. This type of structure allows for shared decision-making, resources, and profits, but also entails shared liabilities and risks. Corporation, proprietorship, and limited liability company are different legal structures for businesses with their own unique characteristics and ownership arrangements.

In a ____ Structure, Two or More People Own the Business