Question

Which sentences describe Which sentences describe characteristics of a partnership?

Answer 1

Answer:

*The owners pool their resources to raise capital.

*The business benefits because owners can share responsibilities.

Explanation:

A partnership is a formal agreement in which two or more owners manage and operate a business and its profits are shared. When this happens, they might join theirresources to increase the partnership's profits. All the parts of the partnership take thecresponsibility for the good and the bad decisions.

Answer 2

The owners in a partnership are called members