Greenway Corporation and Happy Trails Inc. combine their efforts to build a network of biking and hiking trails along an unused railroad spur. Their form of business organization is

A) a business trust.
B) a joint stock company.
C) a joint venture.
D) a syndicate.

Joint Venture

A business arrangement where two or more parties agree to pool their resources for the purpose of accomplishing a specific task or project.

Syndicate

A group of individuals or organizations combined to promote some common interest.

Business Organization

A legal entity formed to conduct business, including structures like corporations, partnerships, and sole proprietorships.