Lightning Corporation and Mind, Inc., two game creators, wish to combine their capabilities to make and market Nano, a special limited-edition game. The appropriate legal entity for this project is most likely

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Quizplus · Accepted Answer

A joint venture is the most appropriate legal entity for Lightning Corporation and Mind, Inc. to combine their capabilities and make and market Nano as a special limited edition game. Joint ventures are commonly used when two or more parties wish to combine their resources, expertise, and knowledge to achieve a common goal or objective. They provide a way to share the risks and rewards of a particular project or venture while maintaining separate legal entities. A business trust, joint stock company, and syndicate are not appropriate in this scenario.