A ________ is a business that is jointly owned by two or more individuals.
A)partnership
B)sole proprietorship
C)sub-chapter s corporation
D)corporation

Question

Quizplus · Accepted Answer

A partnership is a type of business where two or more individuals own and operate the company. In a partnership, the owners share profits and losses, and each partner is responsible for the debts and liabilities of the business. The other choices listed, such as sole proprietorship, sub-chapter s corporation, and corporation, all involve the ownership and operation of a business by a single individual or a group of shareholders.

A ________ Is a Business That Is Jointly Owned by Two