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AMA Exam PCM Topic 4 Question 37 Discussion

Actual exam question for AMA's Professional Certified Marketer exam
Question #: 37
Topic #: 4
[All Professional Certified Marketer Questions]

Timer, a U.S. based watchmaker, recently entered into a partnership agreement with an Australian firm to make watches. According to the terms of the agreement the firms agreed to pool resources and share losses. What type of partnership agreement does this situation most likely represent?

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Suggested Answer: D

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