Multiple Choice
SoftCorp and TechGig,upcoming software companies in San Diego,have decided to create a new and independent telecommunications company,ST-source.Each parent firm has agreed to have 50 percent equity in the new company.This is an example of a(n) ________.
A) e-business
B) subsidiary
C) franchise
D) joint venture
Correct Answer:
Verified
Correct Answer:
Verified
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