Finance Mcqs

Q.  Mr. Y and Mr. Z are planning to share their capital to run a business. They are going to employ which of the following type of business?

a. Sole-proprietorship
b. Partnership
c. Corporation
d. None of the given options


ANSWER: See Answer
 
Having more than 2 owners of a business entity is called “Partnership”. Having more than seven owners of a business entity is called corporation..
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