Response:
The correct choice is (c)
Clarification:
Given:
The balance in Sue's account before any spending is $899.83
Expenses include:
Rent = $353.76
Video game = $32.79
Bike maintenance = $60.26
Jacket = $55.62
Rug = $80.40
Night out = $35.77
Total expenses amount to 353.76 + 32.79 + 60.26 + 55.62 + 80.4 + 35.77
= $618.60
Remaining in the account after these transactions = 899.83 - 618.60
= $281.23
Sue's share towards the TV cost = $305.22
If she proceeds with purchasing the TV, her balance would drop below zero by $23.99 (281.23 - 305.22) since she wouldn't have enough left to cover the TV's price.
Answer:
Joint Venture
Explanation:
A joint venture occurs when two or more firms enter into a partnership agreement to pursue shared goals within a specific timeframe. This collaboration creates synergy through the shared resources of the involved organizations. This scenario is similar, with three organizations forming a contract and agreeing to pool their resources to achieve a mutual objective. Once this goal is accomplished, the partnership (Joint Venture) will be terminated.
