Ownership of the Company Created by a Joint Venture

question 14

Multiple Choice

Ownership of the company created by a joint venture

• A)is split 50/50 between the two joint-venturing companies.
• B)is usually a matter to be negotiated between the companies engaged in the venture.
• C)automatically goes to the largest company engaged in the venture.
• D)automatically goes to the smallest company engaged in the venture.
• E)none of these choices.

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Definitions:

Standardized Form

Documents or procedures that have been uniformed across a setting or industry to ensure consistency and efficiency.

Proposals

Detailed plans or suggestions put forward for consideration or discussion, especially in a professional or business context.

Knock-Out Rule

A legal principle used in international trade disputes, where conflicting terms in a contract cancel each other out.

Different Terms

This term is generally used to describe conditions or items that are not identical or are varying in aspects.