Answer:
c. joint venture
Explanation:
Two separates entities will join resources in a new entity but, they will continue their normal operation with total independence from each other. They will only be liable and share profit and losses for their part in Child Power which is the entity they created. Belwink will not respond for KidFlavor neither, this for the other.
Answer:
Joint venture
Explanation:
A joint venture is a business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task. This task can be a new project or any other business activity.
TrinkCan, a health drink entered into an agreement with KidFlavor, a fruit juice company for kids in Acquardica, to form a new company called ChildPower that produces health drinks for kids. In this scenario, ChildPower is an example of an international joint venture.
