Multiple Choice
Borpon Inc. and Biocolog Corp. are well-established biotechnology companies. They enter into a strategic alliance in which they create and own a legally independent company. The new company is created from resources and assets contributed by the parent firms. Revenues, expenses, and profits are equally shared by both firms. Which of the following strategic alliances is adopted by Borpon and Biocolog?
A) A contractual alliance
B) An equity alliance
C) A distribution agreement
D) A joint venture
Correct Answer:

Verified
Correct Answer:
Verified
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