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Matias and Alessia would like to form a business entity for the specific purpose of making travel arrangements for customers who would like to
attend the next Winter Olympic Games. Once the next Winter Olympic Games are over, Matias and Alessia plan to dissolve their business
relationship and "go their separate ways." Which form of business ownership is most appropriate for Matias and Alessia?
An open corporation
A closed corporation
A joint venture
A public corporation



Answer :

jaquelinefvr

The form of business ownership that is most appropriate for Matias and Alessia is a joint venture.

What is a joint venture?

It corresponds to a business structure where two or more companies start a business together where both can benefit, but this union comprises only a specific activity and a determined period.

Some advantages of this configuration are:

  • Division of responsibilities
  • Increase in market share
  • Shared technologies
  • increase in innovation

Therefore, in a Joint Venture, when the objectives are reached and the time stipulated in the contract is ended, each institution continues to have its own market identity.

Find out more about joint venture here:

https://brainly.com/question/9389546

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