Asked by
Aaliyah Coles
on Nov 13, 2024
Verified
Owned by two or more individuals
A) Proprietorship
B) Partnership
C) Corporation
D) Limited liability company (LLC)
Partnership
A partnership is a legal form of business operation between two or more individuals who share management and profits.
Owned By
Indicates possession or ownership of an asset, property, or company by an individual, group, or entity.
- Acquire knowledge about the primary features and discrepancies among business entity formats.
Verified Answer
VD
Learning Objectives
- Acquire knowledge about the primary features and discrepancies among business entity formats.