Question

Paul and his friend tori make decorative art out of silver spoons. They want to start a business that they can easily dissolve when they move on to their next project. Which of these will suit their needs best?

Answer 1

Answer:

Partnership

Explanation:

A partnership is a structured agreement to manage and operate a business and distribute its profits between two or more entities.

There are many forms of agreements for partnerships.

Both partners divide responsibilities and benefits equally in a partnership company, in particular, while partners have limited liability in others.

There is the so-called "silent partner," wherein one party is not involved throughout the company's day-to-day operations.