Identify the type of business ownership based on the following description:
1. It is a separate entity from its owners and may employ its owners. Owners have limited
separate tax for the business.
2. It is a business owned by two or more people who share the profits of the business among the
bear the losses together.
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Identify the type of business ownership based on the following description:
1. It is a separate entity from its owners and may employ its owners. Owners have limited
separate tax for the business.
2. It is a business owned by two or more people who share the profits of the business among the
bear the losses together.
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