An enterprise in which two or more companies or investors (including governments) share ownership of a business and its property rights is known as which of the following?

Question

Quizplus · Accepted Answer

A joint venture is a business enterprise in which two or more companies or investors (including governments) share ownership of a business and its property rights. A cooperative involves a group of people working cooperatively, usually to sell products or services they produce. An international partnership may refer to any type of partnership between companies from different countries, not necessarily involving shared ownership. A cartel involves a group of companies or countries working together to control prices or limit competition in a particular market.

An Enterprise in Which Two or More Companies or Investors