Question

Company x and company y came together for successful completion of an international project. they formed a new legal entity to achieve the objective. after completion of the project, their formal relationship was dissolved. it is an example of

Answer 1

joint venture
it's an example

Answer 2

The coming together of the companies is called merging. The companies come together in order to raise enough capital to run the activities which will indeed require money for them to occur. The will discus the shares to e bought by both companies depending with the ability of the company. After attaining their objectives and end their merging it is called the end of contract.

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