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The parties to joint venture are called

A. Friends

B. Principal and agent

C. Partners

D. Co-ventures

Answer: Option D

Solution(By Examveda Team)

The parties to joint venture are called Co-ventures. With individuals, when two or more persons come together to form a temporary partnership for the purpose of carrying out a particular project, such partnership can also be called a joint venture where the parties are "co-venturers".

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