A Contractual Joint Venture Differs from a Partnership in That

Multiple Choice

A contractual joint venture differs from a partnership in that

A) there is a fiduciary relationship between the participants.
B) it pools assets and expertise for a business endeavour.
C) it is a relationship for a specific undertaking with a limited duration.
D) profits are retained jointly for use in another project.
E) the liability will be construed to be joint and several.