Fernando and Juanita have decided to start a new business. They have joined forces to have a food truck that serves fresh fruit smoothies at the local ball park. This type of business is known as a(n) ________.
A) interest with a venture
B) joint venture
C) syndicate
D) franchise
E) enterprise

Question

Quizplus · Accepted Answer

A joint venture is when two or more parties come together to undertake a specific business project, in this case, Fernando and Juanita teaming up to start a food truck business.

Fernando and Juanita Have Decided to Start a New Business