A term used to describe a joint business venture with other entities to develop products and services utilizing the technologies of the entities involved is called what?
A)variable interest entity.
B)related business entity.
C)variable business entity.
D)variable related business entity.

Question

Quizplus · Accepted Answer

A variable interest entity (VIE) is a legal business structure in which an investor has a controlling interest despite not having a majority of voting rights. This term is often used in joint ventures where entities collaborate to develop products and services using their technologies.

A Term Used to Describe a Joint Business Venture with Other