Samuel and Dexter start a logistics company together. Both of them have an equal right to participate in the company's management and share in the company's profits. In this scenario, Samuel and Dexter most likely _____.
A) own a corporation
B) have a limited partnership
C) have a general partnership
D) own a limited liability company

Question

Quizplus · Accepted Answer

In a general partnership, all partners have equal rights to participate in management and share profits, which aligns with the scenario described.

Samuel and Dexter Start a Logistics Company Together