Dairy products, inc. , and eden farms corporation form a joint venture to make and test-market frosty ice cream. If this joint venture is like most joint ventures, it will continue.

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vbmnb19521 vbmnb19521

02-11-2022
Business

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Dairy products, inc. , and eden farms corporation form a joint venture to make and test-market frosty ice cream. If this joint venture is like most joint ventures, it will continue.

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shomerajeshwari90 shomerajeshwari90 · Answer 1 · 2022-11-04T23:42:17-04:00

Since, the joint venture has been formed to make and test-market frosty ice cream, this type of joint ventures is usually formed for a single transaction or project and will end when the project will finish.

A joint venture (JV) is an agreement among two or more individuals to combine their capabilities in order to carry out a particular objective. A latest venture or any other type of economic business can be this task.

Each partner in a joint venture is responsible for the venture's gains, losses, and expenses. The endeavor, however, proves the existence of the participants' existing business enterprises.

In this case the joint venture has particularly been formed to make ice cream, so this this joint venture will continue as long as the project, and along with completion of project, the venture will be dismissed.

The complete question is here:

Dairy products, inc. and eden farms corporation form a joint venture to make and test-market frosty ice cream. If this joint venture is like most joint ventures, it will continue.

Dairy products, inc. , and eden farms corporation form a joint venture to make and test-market frosty ice cream. If this joint venture is like most joint ventures, it will continue.

Learn more about joint venture here:

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