Home › CBSE Class 11 (Commerce) › Business Studies › Public, Private and Global Enterprises › Which relationship is a typical example of a con…
Which relationship is a typical example of a contractual joint venture?
AA franchisee relationship
BA private limited company
CA statutory corporation
DA departmental undertaking
Answer & Solution
Correct answer: A. A franchisee relationship
A franchise has common intent, inputs from each party and shared control over a longer period.
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