Q378
The parties to joint venture are called
A.
Friends
B.
Principal and agent
C.
Partners
D.
Co-ventures
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
The parties to joint venture are called Co-ventures. With individuals, when two or more persons come together to form a temporary partnership for the purpose of carrying out a particular project, such partnership can also be called a joint venture where the parties are "co-venturers".