A joint venture is very similar to a corporation,but is only formed for a specific event or occasion.

Name: A joint venture is very similar to a corporation,but is only formed for a specific event or occasion.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A joint venture is formed for a specific project or purpose, but it is not limited to a single event or occasion. It is a separate entity owned by two or more parties who agree to contribute their resources to achieve a common objective.

A Joint Venture Is Very Similar to a Corporation,but Is