Build-Rite Construction Corporation and Deals-R-Us,Inc. ,combine their efforts to build an office and retail complex.Their form of business organization is

Question

Quizplus · Accepted Answer

A joint venture is the most suitable choice as it is a specific type of partnership where two or more businesses join together to complete a specific project or venture for a limited period of time. In this scenario, Build-Rite Construction Corporation and Deals-R-Us, Inc. have combined their efforts to build an office and retail complex, which qualifies as a joint venture. A business trust, cooperative, and syndicate are different forms of business organization that are not appropriate for this scenario.