A Joint Venture Is Different from a Consortium in That

question 97

Multiple Choice

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

• A) usually operates in a country in which the participants are already present.
• 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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