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Desolo Desolo
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10 years ago
Which of the following is true of a joint venture corporation?
A) The joint venturers are personally liable for debts of the joint venture corporation.
B) Joint venturers do not owe each other fiduciary duties as a venture is a single business transaction.
C) The management rights of joint venturers in a joint venture are divided by the ratio of their capital investment.
D) Each joint venture is liable for the debts and obligations of the joint venture.

This is for my business law class, anything will help
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10 years ago
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Desolo Author
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10 years ago
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