The usual distinguishing features of joint ventures are that they involve:
A)a large number of participants engaging in a specific project or business undertaking
B)a small number of participants engaging in a specific project or business undertaking
C)a project or business undertaking that is carried on for the mutual benefit of all venture participants
D)both B and C

Question

Quizplus · Accepted Answer

Joint ventures typically involve a small number of participants working together on a specific project or business undertaking for their mutual benefit. Therefore, both option B and C are correct. Option A is not accurate as joint ventures typically do not involve a large number of participants.

The Usual Distinguishing Features of Joint Ventures Are That They