Answer:
The correct answer to the following question will be "General partnership
".
Explanation:
- A relationship in which certain parties are associates in particular. A business structure wherein the two or even more individuals communicate throughout the company's ownership or capital and profits and losses.
- Throughout this kind of strategy, two or more individuals start sharing only certain profits, losses, dominate and control, as well as risk to the corporation, jointly liable.
So that the given statement would be the example of General partnership.