Which two sentences describe characteristics of a partnership?

The owners are free from personal liability.

The owners pool their resources to raise capital.

The owners in a partnership are called members.

The business benefits because owners can share responsibilities.

The owners pools their resources to raise capital

The business benefits because owners can share responsibilities

Explanation:

The partnership business is a form of business where two or more people come together to form a business, It entails pooling of resources together and joint management towards profit making. It is guided by partnership deed.

Members are referred to as partners and not members. It does not have a separate entity, hence the partners liabilities for debts

It has a close similarities to sole proprietorship but the membership varies from two - One hundred.