During the last stage of the pipeline's construction, the price of oil rose sharply to around $13 a barrel, a rate that seemed likely to bail out the venture.
A. ruin
B. benefit
C. help
D. destory
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In restrospect, the undertaking is an oil company's dream come true.
A. looking back
B. rethinking
C. foreseeing
D. reviewing
Aside from spreading the risk, joint ventures are also formed to bring together companies whose expertise in different areas contributes to the success of a particular project.
A. interest
B. ability
C. capability
D. skill
Warner Ames, for example, is a joint venture between Warner Cable Corporation, a subsidiary of Warner Communications, and American Express.
A. part
B. local organization
C. branch
D. group
In a sense, then, a co-op combines the freedom of the proprietorship with the financial power of the corporation.
A. management
B. company
C. business
D. ownership