Fill in the Blank QuestionFill in the blank question.A partnership established for a specific project or for a limited time is called a(n) venture.

The correct term to fill in the blank is "joint venture."

A joint venture is a business arrangement in which two or more parties agree to pool their resources for a specific project or a limited period. It allows each party to collaborate while maintaining their individual identities. This type of partnership is common in large projects, such as construction or research and development, where combining expertise, capital, and other resources can provide competitive advantages and help mitigate risks.

Joint ventures can take various forms, including equity partnerships where each party contributes capital, or contractual arrangements where partners collaborate without equity stakes. Once the project's goals are achieved or the time frame expires, the joint venture is typically dissolved unless both parties decide otherwise.