Business Studies

A contractual joint venture is ________.


ANSWER

a contractual arrangement between two or more companies in which certain assets and liabilities are shared for a specific purpose and time


SOLUTION
The contractual joint venture is a different legal arrangement from the incorporated or equity joint venture in which two or more parties set up a separate legal entity to act as the vehicle for carrying out the project.See also joint venture; equity joint venture. Model of International Joint Venture Contract.
View Answers

You're just one step away

Create your Digital Resume For FREE on your name's sub domain "yourname.wcard.io". Register Here!


Single Correct Medium Published on 18th 08, 2020
Next Question
Questions 244531
Subjects 8
Chapters 125
Enrolled Students 202
Enroll Now For FREE

Realted Questions

Q1 Subjective Medium
Short Answer Type Questions: Explain merits of departmental undertaking.

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q2 Subjective Medium
Name the organisation which is formed by passing a special Act of Parliament or State Legislature. Give the features of such enterprise.

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q3 Single Correct Medium
The Multinational corporation provide lot of benefits as it______________.
  • A. increases the transfer of technology between nation.
  • B. they always produce the goods .
  • C. host countries progress is mostly dependent on them.
  • D. none of the above

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q4 Single Correct Medium

Process innovation refers to __________.

  • A. The development of a new office
  • B. The development of a new advertisement
  • C. The implementation of a new tool or improved machinery
  • D. The development of new products or services

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q5 Single Correct Medium
A MNC is defined by an organization ___________.
  • A. carrying out production in more than one country.
  • B. having sales in more than one country.
  • C. having a multi-ethnic workforce
  • D. having- suppliers in more than one country

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer