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Which of the Following Is Not Usually Covered in a Contractual

Question 5

Multiple Choice

Which of the following is not usually covered in a contractual arrangement establishing a joint arrangement.


A) Purpose, activity and duration of the arrangement
B) How management is appointed and compensated
C) Decision-making process that establishes joint control of the arrangement
D) How the parties share assets, liabilities, revenues expenses or profit or loss of the arrangement.

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