The type of business organization that Valentino and Eva should consider when setting up their new restaurant is a partnership, as risks and gains are shared.
It is a business setup where there is a formal agreement between two or more individuals to share a company's responsibilities, such as rights, duties, and profitability.
Therefore, a partnership is the ideal option for managing a new business where there are two or more people involved, due to the greater ease of operation and risk sharing.
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Answer:
The type of business organization that Valentino and Eva should consider when setting up their new restaurant is a partnership, as risks and gains are shared.