A group of doctors pooling funds to purchase strip malls is an example of what type of business arrangement?

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The arrangement where a group of doctors pools funds to purchase strip malls is an example of a syndicate. A syndicate typically involves multiple individuals or entities coming together to invest in a specific project or asset, sharing both the risks and rewards. This form of collaboration is quite common in real estate ventures, where pooling financial resources allows for larger investments that may be beyond the capacity of a single individual or entity.

In this context, the doctors collectively contribute their funds with the intention of jointly owning and managing the strip malls. This shared investment strategy highlights the cooperative nature of a syndicate, making it a fitting classification for this business arrangement.

Other options may involve different structures of ownership and management that do not completely capture the essence of how the doctors are collaborating for a specific investment purpose.

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