Two companies form an alliance solely to carry out one special project. That arrangement is a:
ASole trade
BJoint venture
CSilent merger
DPublic offering
Answer & Solution
Correct answer: B. Joint venture
1. The alliance is purpose-built.
2. One project defines it.
3. It is a joint venture.
_Source: OpenStax Introduction to Business, Chapter 4, Forms of Business Ownership._
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