If the joint arrangement is not structured through a separate vehicle, the arrangement is classified as a:
A) joint venture.
B) joint vehicle.
C) joint operation.
D) joint structure.

Question

Quizplus · Accepted Answer

If the joint arrangement is not through a separate vehicle, it is classified as a joint operation. A joint operation is a joint arrangement where the parties involved have joint control over the economic activity.

If the Joint Arrangement Is Not Structured Through a Separate