A consortium is different from a joint venture in that a consortium
A. is a partnership between individuals rather than companies.
B. usually operates in a country where none of the participants is currently active.
C. restricts the right to hold an equity position to its majority partners.
D. is formed mainly for executing short-term projects.
E. does not involve the creation of a separate legal entity.
Answer: B. usually operates in a country where none of the participants is currently active.
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