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Alivex Corp. decided to finance the construction of a large hotel. Two months after the project ...

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Alivex Corp. decided to finance the construction of a large hotel. Two months after the project ...

Alivex Corp. decided to finance the construction of a large hotel. Two months after the project started, financial difficulties forced the firm to call the project to a halt. The construction company decided to sue Alivex for breach of agreement. Alivex decided to collaborate with Eliter Industries and Phantasy Inc. to complete the project. In this scenario, the three firms have decided to form a ________.
A) general partnership
B) franchise
C) joint venture
D) syndicate

Textbook

The Legal Environment of Business

Edition: 7^th

Authors: Kubasek, Brennan, Browne

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