Emma, Heidi, and Hilda have opened a new café. Each of them have contributed $1,500 toward start-up costs and have agreed on dividing costs and profits equally. The legal structure for the company can best be described as a

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A partnership is a business structure in which two or more individuals own and operate the business together, sharing profits and losses equally. In this scenario, Emma, Heidi, and Hilda have agreed to divide the costs and profits equally, which is a characteristic of a partnership.

Emma, Heidi, and Hilda Have Opened a New Café