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Sticky Note
The parties to joint venture are called ______?
مشترکہ منصوبے کی جماعتوں کو ______ کہا جاتا ہے؟
  1. Co-ventures
  2. Principal and agent
  3. Partners
  4. None of these
Explanation
  • In a joint venture, the parties involved are called co-venturers because they collaborate for a specific project or business activity.
  • Unlike partners in a general partnership, co-venturers do not have unlimited liability and usually operate for a limited duration.

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