Question

A partnership set up for a specific purpose for a short period of time is known as a joint stock company. acting board of directors. joint venture. committee.

Answer 1

Answer:

An organization set up for a particular reason for a brief time frame is known as a business entity.

Explanation:

An organization might be a business element during which portions of the organisation's stock will be purchased and sold-out by investors.

Each investor claims organization stock in extent, demonstrated by their offers. Investors are ready to move their offers to others with none impacts to the proceeding with presence of the corporate.

Answer 2

Answer:

joint venture

Explanation:

A joint venture is a strategic alliance where two or more parties, usually businesses, form a partnership to share markets, intellectual property, assets, knowledge, and, of course, profits. A joint venture differs from a merger in the sense that there is no transfer of ownership in the deal

Joint ventures provide a way for companies to enter foreign markets. For example, a foreign company enters into a joint venture with a U.S. company for sale of its product. The foreign company then benefits from the domestic company's governmental approval and business relationships in the industry.