While partnerships and joint ventures have some similarities, they have significant differences. Required: Fill in the blanks for the following statements as they pertain to either a partnership or a joint venture. A. The purpose of a joint venture is to carry out a single transaction or to engage in an activity of ___________ duration. B. Members of a _______________ can individually choose the timing and use of some expenses, such as CCA and doubtful accounts. C. The small business deduction is more restricted in its use in a _________________. D. Give one example of a type of business suited for a joint ventures. __________________