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One Of These Is Not A Similarity Between Joint Venture And Partnership. - Erudites Academy

One of these is not a similarity between Joint Venture and Partnership.

by | Jan 10 | Accounting WAEC | 0 comments

A. AIM is profit making
B. It is for a specific venture
C. Involves two people
D. have rights and duties

Correct Answer: Option B

B. It is for a specific venture

Explanation

Joint venture is for a specific venture while partnership is for a perpetual succession.

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