Which of the following statements is not correct?
A) Joint arrangements may be entered into to manage risks involved in a project.
B) Joint arrangements may be entered into to provide the parties with access to new technology or new markets.
C) Joint arrangements require investors to have equal interests in the joint arrangement.
D) The key feature of a joint arrangement is that the parties involved have joint control over the decision making in relation to the joint arrangement.

Question

Quizplus · Accepted Answer

Joint arrangements do not require the investors to have equal interests. Rather, the interests may be proportionate to the level of involvement and contribution of each party.

Which of the Following Statements Is Not Correct