QUESTION IMAGE
Question
an enterprise in which two or more firms or investors (including governments) share ownership of a business and its property rights is called a(n):
o cooperative
o international partnership
o joint venture
o cartel
o limited partnership
A joint - venture is an enterprise where two or more firms or investors (including governments) share ownership of a business and its property rights. A cartel is an agreement among firms to control prices or output. A limited partnership has general and limited partners with different liability levels. An international partnership is a broad term and may not specifically imply shared ownership as strongly as a joint - venture. A cooperative is owned and operated by its members for their mutual benefit.
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joint venture