A partnership between a multinational company and a foreign investor in which contractually specified amounts of money and expertise are contributed by the participants for stated proportions of ownership and profit is a ________.
A) multinational corporation
B) floating relationship
C) joint venture
D) consolidation

Question

Quizplus · Accepted Answer

A joint venture is a partnership between a multinational company and a foreign investor in which contractually specified amounts of money and expertise are contributed by the participants for stated proportions of ownership and profit. The other options do not accurately describe this type of partnership.

A Partnership Between a Multinational Company and a Foreign Investor