Business

Olson

27 February, 10:35

Select the statement that indicates Tina's company is a partnership

Tina Jones is a dancer specializing in Latin dance styles. She always wanted to have her own dance studio where she could teach dancing to

young and old alike. In 2006, she opened her first dance studio, Electric Diva, in Madison Triangle. It was a great choice as a business location

because it's well-connected by highways to most places in the city. She leased the space for three years. Her initial Investment included a good

sound system, cheerful Interior design, and strong flooring. To raise capital for the business, Tina turned to her brother-in-law, Philip. Philip

made half the financial Investment. He manages the accounts and social media needs of the business. He has a 30% share in Trisha's business.

Together, they expanded the business to three dance studios in the city and plan to open franchises in other cities.