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Meaning of Joint Venture: - Arunima Singh Shekhawat

A joint venture is a contractual agreement where two or more parties join together for a business undertaking, sharing profits and losses. The parties contribute equity and share authority, control, responsibility for revenue, losses and assets.

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Arunima Singh
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25 views1 page

Meaning of Joint Venture: - Arunima Singh Shekhawat

A joint venture is a contractual agreement where two or more parties join together for a business undertaking, sharing profits and losses. The parties contribute equity and share authority, control, responsibility for revenue, losses and assets.

Uploaded by

Arunima Singh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Meaning of Joint Venture

A contractual agreement joining 2 or more


parties for the purpose of executing a business
undertaking. All parties agree to share in the
profits and losses of the enterprise.
• Shared contribution of equity
• Shared authority, control and responsibility
• Shared revenue and losses
• Shared assets
- Arunima Singh Shekhawat

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