0
Add your answer:
Earn +20 pts
Which term refers to a business owned and controlled by two or more people?
partnership...
What type of business is owned by two or more people?
It could be a Partnership, or a Corporation or Limited
Give an example of a partnership business?
Two people being registered on the business license.
What is the difference between company and patnership?
A company and a partnership are things that will often go together, but are not related. A company is something such as Microsoft, and a partnership would refer to two or more people that have a business relationship within the company.
A firm jointly owned and run by two or more people who share all profits and losses is a?
A firm jointly owned and run by two or more people who share profits and losses is a partnership.
Can a partnership firm be a shareholder?
no, a partnership cannot become a shareholder because shareholders are large but a partnership is only between two persons and they share only between themselves.
What is a business owned by two or more people?
partnership
What does partnership mean?
partnership means like two groups working together to get the job done
Which type of business is owned by two or more people?
Partnership
What is two or more people share the risk and the profits?
Partnership
What is two or more people doing business together?
partnership
What statements is true about partnership?
Partnerships involve two or more individuals sharing responsibilities, profits, and liabilities in a business venture. Each partner contributes capital, labor, or expertise to the partnership. Partnerships can be formalized through a legal agreement outlining the terms and conditions of the partnership.
Articles of partnership are required by many states for businesses that have two or more co-owners The issues covered usually include all of the following except?
Articles of Partnership generally cover most aspects of a business co-ownership between two people. The only thing not covered by the partnership articles is the buyout price of the company.
How many people are required to start a Partnership firm?
A minimum of two Persons is required to start a Partnership firm. A maximum number of 20 Partners are allowed in a Partnership firm.
What is the difference between a limited liability partnership and a limited company?
A partnership is formed when two or more people engage in business with an agreement to share profits and losses. It may or may not involve a written agreement. If they do not, it is called a partnership at will. A limited liability company is a company formed by filing appropriate documentation with the secretary of state. It cannot be created with the affirmative action of filing with the secretary of state. They are taxed similarly.
What is the difference between partnership and merger?
A partnership is a venture by two or more people. A merger is when the owners of two businesses agree to join their firms together to make one business
Is a partnership a company?
A partnership is a company started by two or more people. Partnerships are good because you can work through the problems with someone else.
