Multiple choice

A joint venture company can be formed

a. by the transfer of a business to a new company by one party and the transfer of cash by the other. b. by both the parties subscribing to the shares in cash to an agreed ratio. c. when the promoter shareholder of an existing company collaborates with the other party through a cash payment for shares. d. when two parties share the business resources with each other.

  1. Both a and b

  2. Only a, b and c

  3. Only a, c and d

  4. Only a, b and d
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

This is the correct answer.

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