In which business structure are the risks and rewards shared by two or more owners?
A) sole proprietorship
B) partnership
C) corporation
D) limited liability company

Question

Quizplus · Accepted Answer

In a partnership, two or more owners share both the risks and rewards of the business. This structure allows for shared decision-making and resource pooling but also means that partners are jointly responsible for the debts and obligations of the business.

In Which Business Structure Are the Risks and Rewards Shared