Which risks are named for a joint venture?

1. A joint venture is quick and relatively inexpensive but it can also be very risky. 2. Many joint ventures fail outright. 3. Others fall victim to a takeover in which one partner buys out the other. 4. Direct investment is sometimes chosen precisely to avoid the conflicts of interest that arise in ventures. 5. No rule forces a venture to dissolve on a timetable. 6. Worldwide patent sharing and a ban on outside sales are not part of the definition. _Source: OpenStax Introduction to Business (CC BY 4.0), Ch 3 "Competing in the Global Marketplace", section 3.6 Participating in the Global Marketplace_