Can a custom entity be created with business-owned ownership?

A custom entity in Microsoft Dataverse cannot be created with business-owned ownership. This ownership type is meant for entities that require a business-centric approach, mainly used for out-of-the-box entities that come with the platform, like accounts and contacts.

In Microsoft Dataverse, entities can be categorized by ownership types: user-owned, organization-owned, and organizational entities. User-owned entities allow individual users to manage records, while organization-owned entities facilitate a shared approach across the entire organization without individual ownership by users or teams. Business-owned ownership is not an option for custom entities, making the assertion that it is restricted to user/team owned or organization-owned entities accurate.

Thus, the statement is accurate in highlighting the limitation regarding custom entity creation and emphasizes the structure within which custom entities operate.