Question

Seventy farmers in Morgan County joined together to hire Rusty to spray their crops one time (with his cropduster plane). These farmers have formed a: _______
a. business trust.
b. cooperative.
c. franchise.
d. joint venture.

Answer 1

Answer:

d. joint venture.

Explanation:

A cooperative, business trust or a franchise are generally stable businesses that are formed to operate in the long run.

On the other hand, a joint venture occurs when different entities get together to do business and that can be a one time event only. In this case, Rusty was hired for spraying the fields one time only (one time event).