A candy company called Hearts Aflame Inc. forms an agreement with another candy company called Dreamcatcher Inc. Through this agreement, Hearts Aflame owns 30 percent of Dreamcatcher. However, Dreamcatcher does not own any part of Hearts Aflame. This type of agreement is called a(n)
A) non-equity alliance.
B) equity alliance.
C) joint venture.
D) capital venture.
Correct Answer:
Verified
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