question 2 pete yankin and ken lowery consider themselves to be experts on hunting in the mountains in north…

question 2 pete yankin and ken lowery consider themselves to be experts on hunting in the mountains in north carolina. as a result, the two men established a company that markets hunting expeditions. yankin and lowery share responsibilities for booking the trips, gathering supplies, and guiding groups of five to seven hunters into locations where they can hunt for deer and bear. since the two will share any profit equally, this would be an example of a(n): s corporation cooperative sole proprietorship partnership double proprietorship

question 2 pete yankin and ken lowery consider themselves to be experts on hunting in the mountains in north carolina. as a result, the two men established a company that markets hunting expeditions. yankin and lowery share responsibilities for booking the trips, gathering supplies, and guiding groups of five to seven hunters into locations where they can hunt for deer and bear. since the two will share any profit equally, this would be an example of a(n): s corporation cooperative sole proprietorship partnership double proprietorship

Answer

Brief Explanations:

A partnership is a business structure where two or more people share ownership, responsibilities, and profits. Since Pete Yankin and Ken Lowery share responsibilities and profits equally, this is a partnership. A sole - proprietorship is owned by one person, a cooperative is a group - owned business often with a different governance model, and an S - corporation is a specific type of corporation with tax implications.

Answer:

partnership