Which of the Following Is Not a Characteristic of a Joint

question 75

Multiple Choice

Which of the following is not a characteristic of a joint venture corporation?

• A) Profits and losses can be divided between the partners disproportionately to their ownership shares.
• B) New investors can become part of the JV corporation without having to dissolve the original JV corporate structure.
• C) The JV corporation can be used to acquire other firms.
• D) Investors' liability is limited to the extent of their investment.
• E) The JV corporation may be subject to double taxation.

---

Definitions:

GPA

Grade Point Average, a standard way of measuring academic achievement in the U.S., calculated as a numerical average of grades earned in courses.

Fantasy Baseball

A game where participants act as managers of virtual baseball teams based on the real-life performance of baseball players.

Gender

A range of characteristics pertaining to, and differentiating between, masculinity and femininity.

Frequency Bar Chart

is a graphical representation used to display the frequency of different outcomes in a dataset, with the x-axis representing categories and the y-axis representing frequencies.