A joint venture is a relationship between two or more people who combine their labor or property for a single business under¬taking. They share profits and losses equally, or as otherwise provided in the joint venture agreement. The single business undertaking aspect is a key to determining whether or not a business entity is a joint venture as opposed to a partnership.
Get Unlimited Access to Our Complete Business Library
1. Please rate your experience on the following scale:
2. Would you recommend Docstoc to a friend?
Would you be interested in taking a longer survey for a chance to win a 1-month free subscription to Docstoc Premium?