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kolezko [41]
3 years ago
10

Jorge and Fred have a product they would like to sell. They decide to share the risks and profits by forming an unincorporated b

usiness. The business organization Jorge and Fred have MOST LIKELY formed is a(n)
Business
2 answers:
sukhopar [10]3 years ago
3 0
<span>The business organization Jorge and Fred have most likely formed is an Partnership. Because they share all profits and risks caused by an organisation. There is a major advantage in partnership where we can take decisions and plans together and strive towards the excellence of the organization. Even-though there is a debt problem we can share and solve the debts.Mutual Understanding is the main point in Partnership.</span>
STALIN [3.7K]3 years ago
3 0

The business organization Jorge and Fred have MOST LIKELY formed is a <u>"partnership".</u>


A partnership is a formal course of action in which at least two gatherings participate to oversee and work a business. Different association courses of action are conceivable in which all accomplices may share liabilities and benefits similarly or a few accomplices may have constrained risk. Few out of every odd accomplice is essentially engaged with the administration and everyday tasks of the endeavor, for example, on account of a "silent partner." In a few locales, organizations appreciate great expense treatment in respect to enterprises.

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