Zen Corp, an Australian company, and Pluto Inc, an American company, entered into a one-time contract to build an elevated expressway in Florida. The contract was for a period of five years and both companies were equally liable under their agreement. This type of business enterprise is known as a .
A) joint-stock company
B) limited liability company
C) partnership
D) joint venture
Correct Answer:
Verified
Q1: All partners of a limited partnership have
Q2: The partners in a nontrading partnership have
Q4: An LLC can be dissolved with the
Q5: The owners or investors of a limited
Q6: Which of the following is true of
Q7: Which of the following best describes sole
Q8: An individual need only begin doing business
Q9: A partnership is one engaged in buying
Q10: An individual who is not a partner
Q11: Which of the following is true of
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