Joint venturers are permitted to create a corporation that operates the joint venture.

Name: Joint venturers are permitted to create a corporation that operates the joint venture.
Brand: Quizplus
Rating: 4.9 (41 reviews)

Question

Quizplus · Accepted Answer

Joint venturers may choose to conduct their joint venture through a separate legal entity such as a corporation. This helps to limit the liability of the individual joint venturers and provides a clear framework for management, governance, and financial operations.

Joint Venturers Are Permitted to Create a Corporation That Operates