What is a distinguishing characteristic of a joint venture arrangement?
A) They have perpetual existence.
B) They must be registered.
C) They can be comprised of individuals,partnerships or corporations.
D) They are usually franchises.

Question

Quizplus · Accepted Answer

Joint ventures can be formed between various types of entities, including individuals, partnerships, or corporations, allowing them flexibility in how they are structured and who can participate.

What Is a Distinguishing Characteristic of a Joint Venture Arrangement