A ________ Is a Separate Company Created and Jointly Owned

question 69

Multiple Choice

A ________ is a separate company created and jointly owned by two or more independent entities to achieve a common business objective.

• A)wholly owned subsidiary
• B)joint venture
• C)strategic alliance
• D)turnkey project

---

Definitions:

Solvency Ratios

Solvency Ratios measure a company's ability to meet its long-term debts and financial obligations, indicating its financial health.

Maturing Obligations

Short-term debts or obligations that are nearing their due date and need to be repaid or refinanced.

Non-Current Liabilities

Non-Current Liabilities are obligations of a company that are due beyond one year, such as long-term loans, bond payables, and lease obligations.

Mortgages

Loans secured by real estate property, allowing borrowers to purchase property over time.