ownership models

Ownership models describe how control and responsibility for assets are divided among individuals, organizations, or entities. Common types include sole ownership, where one person or entity has full control; joint ownership, where multiple parties share rights and responsibilities; and corporate ownership, where a business owns assets separated from individual owners. These models influence decision-making, liability, profit distribution, and obligations. Understanding ownership models helps clarify rights, expectations, and financial implications associated with assets, whether they are property, investments, or business holdings.