One of these is not a similarity between Joint Venture and Partnership.
FINANCIAL
JAMB 2019
One of these is not a similarity between Joint Venture and Partnership.
- A. AIM is profit making
- B. It is for a specific venture
- C. Involves two people
- D. have rights and duties
Correct Answer: B. It is for a specific venture
Explanation
Joint venture is for a specific venture while partnership is for a perpetual succession.
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *