What is a joint venture? What form of business entity is it most similar to?
What will be an ideal response?
A joint venture is an unincorporated association created by the co-owners of a business venture, usually to carry out a particular project. Joint ventures may operate like a corporation, issuing shares and carrying out the business of the venture with annual meetings and typical corporate protocols, but is generally taxed like a partnership.
You might also like to view...
Briefly discuss how norms are used to compare raw scores of individuals.
What will be an ideal response?
Which of the following may indicate that a suspect is not telling the truth?
a. Long delays before answering a question b. Body language cues, such as failure to look a questioner in the eye c. Inconsistencies in the suspect’s story d. All of the above
?The nature and extent of the cross-examination are subject to which of the following?
A. ?Strict federal regulation B. ?Strict state regulation C. ?The discretion of the trial judge D. ?The Federal Rules of Court
Define "class action."
What will be an ideal response?