No the answer is D) and I know this for a fact. Do not listen to the person who said the answer is C)
Joint venture is a partnership between two companies, they share the venture but are separate
A University is an Institution that offers undergraduate and graduate degrees. Universities offer graduate programs leading to a masters degree or a Ph.D.
A College is a smaller institution that typically offers undergraduates degrees. Some colleges such as community colleges and junior colleges, May Offer only two year degrees Hope I helped