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In Business / High School | 2014-10-08

A partnership is a business organization owned by two or more individuals.

Asked by Venessa147

Answer (2)

More than one business man or traders. Such as more than one person in a business.

Answered by MrsYolo101 | 2024-06-10

A partnership is a business structure where two or more individuals co-own and manage a business, sharing profits, losses, and responsibilities. There are different types of partnerships, including general and limited partnerships, each with distinct roles regarding liability and management. Partnerships often benefit from pooled resources and skills but require strong communication and trust among partners to be effective.
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Answered by MrsYolo101 | 2025-06-14