header bg

Scan QR code or get instant email to install app

Question:

What is a legal entity and business structure that involves two or more people working together, sharing ownership and responsibility for the operations of the business?

A partnership
explanation

A business partnership is an relationship between two or more people who join to carry on a business. A group practice is not a legal entity, however it may be structured as a partnership, which is a legal entity.

Related Information

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

*