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Question
Secure Investments, Inc., a U.S. firm, expands into international markets through a joint venture. In this situation, Secure ownsA.all of the operation, and its profits and liabilities.
B.all of the operation, and none of its profits and liabilities.
C.none of the operation, and none of its profits and liabilities.
D.part of the operation, and shares its profits and liabilities.
Answer
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