When entering into a joint venture,the burden of ownership,control and profits is not shared.

Question

Quizplus · Accepted Answer

When entering a joint venture, ownership, control, and profits are shared between the partners involved. This is the whole idea behind a joint venture - to combine resources, expertise, and capabilities to achieve a common goal or objective. Therefore, it is incorrect to say that the burden of ownership, control, and profits is not shared in a joint venture.

When Entering into a Joint Venture,the Burden of Ownership,control and Profits