Omega Corporation and Peak Code, Inc., two software firms, wish to combine their research and development capabilities to make a special, limited edition computer game. The most appropriate legal entity for this project might be
a. a business trust.
b. a joint stock company.
c. a joint venture.
d. a syndicate.
a. a business trust.
b. a joint stock company.
c. a joint venture.
d. a syndicate.
c. a joint venture.
Begründung:
A joint venture is a relationship in which two or more persons or business entities combine their efforts or their property for a single transaction or project.
Begründung:
A joint venture is a relationship in which two or more persons or business entities combine their efforts or their property for a single transaction or project.
Tags: Joint venture
Source: p. 85
Source: p. 85
Best Construction, Inc., and General Real Estate Corporation form a joint venture. A joint venture is usually formed for
a. an implied duration of not more than six months.
b. a single activity or transaction.
c. a stated duration of not more than one year.
d. perpetual existence.
a. an implied duration of not more than six months.
b. a single activity or transaction.
c. a stated duration of not more than one year.
d. perpetual existence.
b. a single activity or transaction.
Begründung:
A joint venture is a relationship in which two or more persons or business entities combine their efforts or their property for a single transaction or project or a related series of transactions or projects.
Begründung:
A joint venture is a relationship in which two or more persons or business entities combine their efforts or their property for a single transaction or project or a related series of transactions or projects.
Tags: Joint venture
Source: p. 85
Source: p. 85
Flashcard set info:
Author: Elisa
Main topic: Law
Topic: International Law
School / Univ.: Hanze Hogeschool
City: Groningen
Published: 14.02.2010
Tags: Exam Year 1
Card tags:
All cards (125)
? (1)
2nd Absatz (2)
Business Trust (2)
Conversion (1)
Defamation (1)
Dissolution LP (1)
Distributorship (2)
Domestic (1)
First sentence (2)
Franchise (1)
Joint venture (2)
last sentence (1)
LLC (1)
Negligence (1)
Partnerships (1)
point 2 (1)
Preferred Stock (1)
Preferred stocks (1)
Self-defense (1)
Slander of Title (1)
Stocks (3)
Syndicate (2)
Trespass to Land (1)
