A partnership that is based on contracts between companies is referred to as a(n) Blank______.Multiple choice question.non-equity alliancewholly owned subsidiaryallowance alliancediversification
Question
A partnership that is based on contracts between companies is referred to as a(n) Blank______.Multiple choice question.non-equity alliancewholly owned subsidiaryallowance alliancediversification
Solution
The answer is non-equity alliance. This type of partnership is based on contracts between companies, where they agree to cooperate in some way, but do not take equity positions in each other.
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