Oni's Adventure Travel and Paquito's Wild River Tours form a joint venture.Oni can participate in the venture's management

Question

Quizplus · Accepted Answer

In a joint venture, each party shares both in the profits and in the management. Oni can participate in the joint venture's management to any extent. She doesn't have to assume liability for the venture's debts, nor is her participation limited by her investment in the venture.

Oni's Adventure Travel and Paquito's Wild River Tours Form a Joint