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Which of the Following Best Describes a Joint Venture

Question 52

Multiple Choice

Which of the following best describes a joint venture?


A) It is a partnership with a foreign firm formed to achieve a specific goal or operate for a specific period of time.
B) It is a nonprofit association dedicated to educating entrepreneurs and helping small businesses start, grow, and succeed nationwide.
C) It is the transference of leadership from one generation to the next to ensure continuity of family ownership of the business.
D) It is insurance that protects a business in the event of a natural disaster that affects the ability of a company to conduct business.
E) It is an agreement that considers the choice between making money or controlling and running a business.

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