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5) A contractual joint venture differs from a partnership in that A) the liability will be construed to be joint and several. B) it
5) A contractual joint venture differs from a partnership in that A) the liability will be construed to be joint and several. B) it pools assets and expertise for a business endeavor. C) profits are retained jointly for use in another project. D) there is a fiduciary relationship between the participants. E it is a relationship for a specific undertaking with a limited duration. 1
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