Nessca Motors,a well-known company based in Nebolina,manufactures engines.Its management recently signed a joint venture with Singletone Inc.,a small company based in Trinitia.Of the following scenarios,which would be the most likely to happen?
A) The government of Trinitia will restrict Nessca Motors's entry into the country.
B) Nessca Motors and Singletone Inc.will switch to contract manufacturing as the next step.
C) Nessca Motors will buy a part of Singletone Inc.
D) Singletone Inc.will pay a royalty to Nessca Motors.

Question

Quizplus · Accepted Answer

A joint venture often involves one company buying a part of another to establish a partnership, making it likely that Nessca Motors will acquire a stake in Singletone Inc.

Nessca Motors,a Well-Known Company Based in Nebolina,manufactures Engines