The relationship that exists between persons carrying on a business in common with a view to profit is referred to as a:
A) company.
B) proprietorship.
C) retailer.
D) partnership.

Question

Quizplus · Accepted Answer

The specific relationship described is that of a partnership, where two or more people are carrying on a business with the goal of making a profit together. A company can refer to any type of business entity, including those with multiple owners or shareholders, and a proprietorship is a business owned and operated by a single individual. A retailer is a type of business that sells goods directly to consumers.

The Relationship That Exists Between Persons Carrying on a Business