When two or more people get together to form an organization, it is called a:
A) sole proprietorship.
B) partnership.
C) corporation.
D) not-for-profit.
E) for-profit.

Question

Quizplus · Accepted Answer

When two or more people come together to form an organization with the aim of making a profit, it is called a partnership. This structure involves sharing the responsibilities, profits, and losses of the business.

When Two or More People Get Together to Form an Organization