Nessca Motors, a well-known company based in Nebolina, manufactures engines. Its management recently signed a joint venture with Singletone Inc., a company based in Trinitia. Given this information, which of the following statements will most likely be true?
A)The government of Trinitia will restrict Nessca Motors's entry to the country.
B)Nessca Motors and Singletone Inc.will switch to contract manufacturing as the next step.
C)Nessca Motors may buy a part of Singletone Inc.
D)Singletone Inc. will pay 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 option C the most likely scenario.

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