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Scrat [10]
2 years ago
10

Greenway corporation and happy trails, inc., combine their efforts to build a network of biking and hiking trails along an unuse

d railroad spur. their form of business organization is?
Business
1 answer:
Sever21 [200]2 years ago
5 0

Greenway corporation and happy trails, inc., combine their efforts to build a network of biking and hiking trails along an unused railroad spur. their form of business organization is a joint venture. A joint venture (JV) is a business arrangement in which two or more parties agree to pool their resources for the purpose of completing a specific task. This task can be a new project or any other business activity.

In a joint venture, each participant is responsible for the profits, losses, and expenses associated with it. However, the venture is its own entity, separate from the other business interests of the participants.

Learn more about a joint venture:

brainly.com/question/4467038

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