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Two or more companies forming an alliance for one specific project create a:
AJoint venture
BJoint valuation
CJoint variation
DJoint vaccination
Answer & Solution
Correct answer: A. Joint venture
1. The alliance has a defined purpose.
2. It usually runs for a limited time.
3. It is a joint venture.
_Source: OpenStax Introduction to Business, Chapter 4, Forms of Business Ownership._
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