A business unit whose membership range from 2 to 20 is a

A business unit whose membership range from 2 to 20 is known as a partnership. In a partnership, two or more individuals come together to jointly own and manage a business. The partnership agreement outlines the responsibilities and rights of each partner, including the distribution of profits and losses. Partnerships are a popular business structure as they allow for shared decision-making, complementary skills, and shared financial responsibility. They are commonly used in professions such as law, medicine, and accounting.