Alexis Corporation (Alexis) decided to finance the construction of a large hotel. Two months after the project started, financial difficulties forced the firm to call the project to a halt. The construction company decided to sue Alexis for breach of agreement. Alexis decided to collaborate with Excalibur Industries and Phantasy, Inc. to complete the project. In this scenario, the three firms have decided to form a .
A) general partnership
B) franchise
C) joint venture
D) syndicate
Correct Answer:
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