A joint venture agreement is used when forming an entity between two or more parties to undertake economic activity together. These parties both or all agree to create a new entity by contributing equity for the eventual purpose of sharing in the revenues, expenses, and control of the entity. The venture can be for one specific project only, or a continuing business relationship.This is different from a strategic alliance, which involves no equity stake by the participants, and is a much less rigid arrangement.Find Joint Venture Agreements as well as other business forms by clicking here.
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