The Significant Difference Between a Joint Venture and Partnership Is

The significant difference between a joint venture and partnership is that:

A) joint venturers sometimes are held to have less implied and apparent authority than partners.
B) a joint venture relates to a continuing business, and a partnership relates to a single enterprise.
C) the requirement for joint ventures is more formal in comparison with partnership agreements.
D) joint ventures unlike partnership agreements come into existence only when there is an express contract.

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