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Determine what form of a business organization are the following: Information systems lecturers have formed a business to improve the speed of information transfer over the internet

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Determine what form of a business organization are the following:

Information systems lecturers have formed a business to improve the speed of information transfer over the internet. Each has contributed an equal amount of cash and knowledge to the venture but has concerns about legal liabilities.

Robert and Tom each owned separate shoe manufacturing businesses. They have decided to merge but will need significant cash to expand the business.