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Which of the Following Statements Is True of Joint Ventures

Question 67

Multiple Choice

Which of the following statements is true of joint ventures?


A) They enjoy reduced government regulations when compared to general partnerships.
B) They are mostly formed to last forever.
C) They are set up not to make profits but to provide service to the community.
D) They are popular in situations that call for large investments.
E) They restrict the number and types of shareholders in the organization.

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