In a Venture in Which There Are Jointly Controlled Assets,the

Multiple Choice

In a venture in which there are jointly controlled assets,the venturers share the assets as tenants in common; which means that:

A) each venturer has a proportionate interest in each joint controlled asset.
B) each venturer has a distinct but unidentifiable share of each jointly controlled asset.
C) each venturer has a distinct and identifiable share of each jointly controlled asset.
D) none of the above.