A Partnership Business Is A

A partnership business is a:

A) firm listed in a stock exchange, in which no owner owns a majority of equity to control the firm.
B) business with two or more owners that is not organized as a corporation.
C) corporation in which the owners have limited liability for the corporation's liabilities.
D) private firm in which all owners have equal ownership and limited liabilities in the event of a bankruptcy.

Correct Answer:

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