When Two Or More People Legally Agree To Become Co-owners Of A Business The Form Of Business Is Called A Partnership Group Of Answer Choices?

When Two Or More People Legally Agree To Become Co-owners Of A Business The Form Of Business Is Called A Partnership Group Of Answer Choices? A general partnership is a company owned by two or more individuals who agree to run the business as partners or co-owners. Unless otherwise agreed, each partner has an equal

What Is Partnership In Simple Words?

What Is Partnership In Simple Words? A partnership is a formal arrangement by two or more parties to manage and operate a business and share its profits. … In particular, in a partnership business, all partners share liabilities and profits equally, while in others, partners may have limited liability. What is partnership and example? The