Which of the Following Statements Holds True for a Nonentity

Multiple Choice

Which of the following statements holds true for a nonentity joint venture?

A) In a nonentity joint venture, the partner with the smaller capital investment loses control over the joint venture after a period of two months.
B) In a nonentity joint venture, each of the partners contributes capital and resources in exchange for an equity stake and share in any resulting profits.
C) In a nonentity joint venture, the control of the joint venture is in the hands of the party which makes the larger capital investment.
D) In a nonentity joint venture, there is no contribution of capital to form a new entity.
E) In a nonentity joint venture the benefit gained is in the form of collective profits rather than individual profits.