Question 13: Which statement best describes a Joint Venture? (2 marks) A. A business relationship of two or more individuals carrying on a business in common with a view of profit. B. An organisation set up in pursuance of the Companies Act. C. A business relationship of parties who enter into a purely contractual relationship with each other intending to set up a company if their undertaking is profitable. D. A business relationship of parties who enter into a purely contractual relationship with each other without intending to set up a company, limited liability partnership, limited partnership or partnership