Under this type of arrangement,a small business may buy only that share that it can reasonably use during the course of business.
A)Partnership
B)Fractional ownership
C)Joint Ventures
D)Limited company

Question

Quizplus · Accepted Answer

Fractional ownership allows a small business to purchase only a portion or fraction of an asset, such as real estate or equipment, that it can reasonably use and benefit from during the course of business. This allows the small business to save on the cost of purchasing the entire asset and only pay for what they need.

Under This Type of Arrangement,a Small Business May Buy Only