One of these is not a similarity between Joint Venture and Partnership.

One of these is not a similarity between Joint Venture and Partnership.

  • A.
    AIM is profit making
  • B.
    It is for a specific venture
  • C.
    Involves two people
  • D.
    have rights and duties
Correct Answer: Option B
Explanation

Joint venture is for a specific venture while partnership is for a perpetual succession.

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