If Procter & Gamble, a North American Leader in Household

Multiple Choice

If Procter & Gamble, a North American leader in household products, and Reckitt Benckiser, a British leader in household products, form a partnership to develop and distribute a line of ecologically friendly laundry detergent, what would the resulting partnership be?

A) a corporation
B) a joint venture
C) a licensing agreement
D) an economic community