Leodan, a glass manufacturing firm based in the U. S., has sole control over several glass manufacturing facilities located all over the world. The company assumes the entire risk if any of the facilities undergoes losses, and it enjoys all the profits if the facilities do well. Which of the following methods has Leodan used to conduct business globally in this scenario?A) The formation of a joint ventureB) The establishment of a strategic allianceC) The formation of wholly owned affiliatesD) The establishment of a cooperative contract

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The correct answer is "c. a limited partnership without a general power".