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A joint venture is a(an): a. Association limited to no more than two persons in business for profit. b. Enterprise of numerous co-owners in a

A joint venture is a(an):

a. Association limited to no more than two persons in business for profit.

b. Enterprise of numerous co-owners in a nonprofit undertaking.

c. Corporate enterprise for a single undertaking of limited duration.

d. Association of persons engaged as co-owners in a single undertaking for profit.

explain why the 3 other choices are wrong

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