The most typical joint venture is:
A) 80/20, in which there are two partners and one partner holds a substantial majority share.
B) 50/50, in which there are two partners and each partner holds an equal share.
C) 25/25/25/25, in which there are four partners and each partner hold an equal share.
D) 51/49, in which there are two partners and one partner holds a slight majority share.
E) 60/40, in which there are two partners and one holds a majority share
Correct Answer:
Verified
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