Commerce JAMB

The business organization established mainly for the purpose of carrying out specific assignment for a specific duration is a?

A. Partnership
B. Company
C. Joint venture
D. Co-operative society

Correct Answer:

Option C – Joint venture

Explanation

Option C is correct because joint ventures are established in order to accomplish a specific purpose. The ventures cease to operate once the purpose is accomplished.

Sunday

Share
Published by
Sunday
Tags: Commerce

Recent Posts

OOU JUPEB Admission For Agricultural Extension

Do you want to study Agricultural Extension in OOU? Before you apply for the OOU…

10 months ago

OOU JUPEB Admission For Agricultural Economics

Do you want to study Agricultural Economics in OOU? Before you apply for the OOU…

10 months ago

OOU JUPEB Admission For Cooperative and Business Management

Do you want to study Cooperative and Business Management in OOU? Before you apply for…

10 months ago

OOU JUPEB Admission For Home and Hotel Management

Do you want to study Home and Hotel Management in OOU? Before you apply for…

10 months ago

OOU JUPEB Admission For Animal Production

Do you want to study Animal Production in OOU? Before you apply for the OOU…

10 months ago

OOU JUPEB Admission For Crop Production

Do you want to study Crop Production in OOU? Before you apply for the OOU…

10 months ago