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An impending recession is an example of:
Joint Ventures
A partnership where multiple parties combine their assets to achieve a particular goal.
Entity
A legal or business entity that is capable of incurring liabilities and undertaking activities, often used to describe businesses, organizations, or corporations.
Shared Control
A situation where control over an economic activity is shared among two or more parties, typically in a joint venture or partnership.
Joint Control
A contractual arrangement shared by two or more parties, under which no single party has unilateral control over the strategic financial and operating decisions of the venture.
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