Pre-Requisites of a Joint Venture (JV) Agreement: Lawyers Advice
The strategic alliance or the business arrangement between a group of people or business entities to form such an undertaking either for a stipulated period or beyond that to fulfil some business goals or project for a lawful purpose can be termed as a joint venture in a simplified manner. The parties involved in such kind of arrangements can be termed as co-venturers. Usually, the main aim to form such an alliance is to pool and merge the resources like capital, manpower, expertise and so on to achieve the business objectives and to capture the market to have a powerful...
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