AdmitMe
Commerce · Forms of business organisation

CommerceForms of business organisationJAMB

A joint venture is

Show answer

Answer: C. a business undertaken by two or more firms sharing risks and profits

Oil companies and NNPC operate joint ventures.

An AdmitMe practice question, written for the JAMB syllabus. Not an official past question.

Discussion

Ask about a step, share a shortcut, or explain it your way. Be kind; no links.

No comments yet. Be the first to explain it.

More Forms of business organisation questions