Foundations of Business (MindTap Course List)
6th Edition
ISBN: 9781337386920
Author: William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher: Cengage Learning
expand_more
expand_more
format_list_bulleted
Question
Chapter 4.7B, Problem 1CC
Summary Introduction
To determine: Defining a joint venture and a syndicate.
Introduction: A joint venture is a brief business organization between at least two people or an association for profit without framing a lasting organization, company, or different business entity. A syndicate is a gathering of providers or guarantors that meet up to share or take an interest in a particular loan or venture.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
What are the relative advantages and disadvantages of settings up a wholly owned subsidiary instead of a joint venture? Explain in detail
What are the similarities and differences between joint ventures and syndicates? What are the differences between them?
What are the main distinctions between an ordinary partnership and a private limited company?
Chapter 4 Solutions
Foundations of Business (MindTap Course List)
Ch. 4.1B - Prob. 1CCCh. 4.1B - Prob. 2CCCh. 4.1B - Prob. 3CCCh. 4.2B - Prob. 1CCCh. 4.2B - Prob. 2CCCh. 4.2B - Prob. 3CCCh. 4.3C - Prob. 1CCCh. 4.3C - Prob. 2CCCh. 4.4B - Prob. 1CCCh. 4.4B - Prob. 2CC
Ch. 4.4B - Prob. 3CCCh. 4.4B - Prob. 4CCCh. 4.5B - Prob. 1CCCh. 4.5B - Prob. 2CCCh. 4.6C - Prob. 1CCCh. 4.6C - Prob. 2CCCh. 4.7B - Prob. 1CCCh. 4.7B - Prob. 2CCCh. 4.8C - Prob. 1CCCh. 4.8C - Prob. 2CCCh. 4.8C - Prob. 3CCCh. 4.8C - Prob. 4CCCh. 4 - Prob. 1DQCh. 4 - Prob. 2DQCh. 4 - Prob. 3DQCh. 4 - Prob. 4DQCh. 4 - Prob. 5DQCh. 4 - Prob. 6DQ
Knowledge Booster
Similar questions
Suppose a partnership is set up and operated without a formal partnership agreement. What problems might arise? Explain
arrow_forward
In your own words, define ajoint venture and a syndicate.
arrow_forward
Define strategic alliance and joint venture, and explain why companies would choose these options over a merger or an acquisition.
arrow_forward
arrow_back_ios
arrow_forward_ios
Recommended textbooks for you
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Foundations of Business - Standalone book (MindTa...
Marketing
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Foundations of Business - Standalone book (MindTa...
Marketing
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning