IBM and Microsoft, each contributed cash, facilities, and intellectual property rights in a joint venture project. This is an example of _________.

Question

Quizplus · Accepted Answer

In an equity joint venture, the parties involved contribute assets, which can include cash, property, and intellectual property rights, to create a new entity in which they both have an equity stake. This is what IBM and Microsoft did in the scenario described.

IBM and Microsoft, Each Contributed Cash, Facilities, and Intellectual Property