Rocket Corporation and Star Inc. wish to combine their capabilities to launch a single flight to the moon. The appropriate legal entity for this project is most likely

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 business activity.

Syndicate

A group of individuals or organizations combined to promote some common interest, often in business or finance.

Joint Stock Company

A form of business organization in which capital is divided into shares owned by shareholders, who enjoy limited liability and whose investment in the company can be bought and sold.