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A firm jointly owned and run by two or more people who share all profits and losses is a __________. partnership not-for-profit organization sole proprietorship corporation
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A firm jointly owned and run by two or more people who share all profits and losses is a __________. partnership not-for-profit organization sole proprietorship corporation

User Zalykr
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A firm jointly owned and run by two or more people who share all profits and losses is called a "partnership" all owners share both the profits and losses of the firm.
User IanWatson
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