27. Explain the features of joint venture.
Answers
Answered by
1
Salient Features of Joint Venture.
Agreement: Two or more firms come to an agreement, to undertake a business, for a definite purpose and are bound by it. Joint Control: There exist a joint control of the co-venturers over business assets, operations, administration and even the venture.
Answered by
7
Answer:
Agreement tow or more firms come to an agreement to undertake a business for find definite purpose and bound it joint control: There exist a jone control of the co - ventures over business to assets , operation and even the venture
Similar questions