Question: Which of these options is NOT a difference between a partnership and a joint venture? a. The parties in a joint venture do not owe

Which of these options is NOT a difference between a partnership and a joint venture?

The parties in a joint venture do not owe each other a fiduciary duty. This is not the case for a partnership

The activities in a joint venture are usually for a specific period of time, while the activities of a partnership are often continuing and indefinite

A partnership is a separate legal entity, while a joint venture is not a separate legal entity

The joint ventures receive a share of the product, while partners share the profit generated by the firm

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