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Home › Bihar Board Class 12 (Commerce) › Business Studies › Private, Public and Global Enterprises › The key factor in an equity-based joint venture …

The key factor in an equity-based joint venture is what?

AJoint ownership by the parties
BA short verbal promise
CA government licence alone
DOwnership by one party
Answer & Solution
Correct answer: A. Joint ownership by the parties
A separate jointly owned entity is formed, with shared ownership, management, capital, profits and losses.
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