Which of the following forms of business organizations has two or more owners who share business management and risk but also have unlimited personal liability?

General
1

which of the following forms of business organizations has two or more owners who share business management and risk but also have unlimited personal​ liability?

2

Which of the following forms of business organizations has two or more owners who share business management and risk but also have unlimited personal liability?

Answer:
The form of business organization described, where two or more owners share business management and risk but also have unlimited personal liability, is known as a General Partnership. In a general partnership, each partner is equally responsible for the business’s debts, obligations, and actions. This means that the personal assets of each partner can be used to cover business debts or legal obligations. It’s important for partners in a general partnership to be aware of this shared liability and consider the potential risks involved when entering into such a business structure.