A Consortium Is Different from a Joint Venture in That

question 61

Multiple Choice

A consortium is different from a joint venture in that a consortium:

• A) usually operates in a country in which the participants are already active.
• B) typically involves a large number of participants.
• C) restricts the right to hold an equity position by its major partners.
• D) does not involve the creation of a separate legal entity.
• E) is formed mainly for executing short-term projects.

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Definitions:

Protostomes

A group of animals characterized by developing the mouth before the anus during embryonic development, includes mollusks and arthropods.

Determinate Cleavage

Type of cleavage, characteristic of protostomes, in which the fate of each cell is determined when the cell is produced. Compare with indeterminate cleavage.

Deuterostomes

A group of animals characterized by their embryonic development; during which the anus forms before the mouth.

Protostomes

Protostomes are a group of animals characterized by an embryonic development in which the mouth forms before the anus during early gastrulation.