Question

When Ashland Plastics and Melamine Chemicals formed a joint venture to develop flame-resistant plastic sheeting, the relationship most likely ended as soon as the project was completed.
A. True
B. False

Answer 1

The statement" when the  Ashland Plastics and Melamine Chemicals created the joint venture in order to establish the plastic sheeting i.e. flame-resistant so the relationship should be ended soon when the project was finished" is true.

The following information is related to the joint venture:

• Joint venture is a business arrangement where the two or more parties are agreed to contribute their resources for attaining the particular task.

• It can be a new project or any other kind of business activity.
• It is treated as its own entity and distinct from the member who has other interests in the business.

Therefore we can conclude that the correct option is A. as when the project was finished so the relationship should be ended.

Learn more about the joint venture here: brainly.com/question/14486798