Difference between equity joint venture and contractual joint venture
Answers
Explanation:
Contractual joint venture. ... The contractual joint venture is a different legal arrangement from the incorporated or equity joint venture in which two or more parties set up a separate legal entity to act as the vehicle for carrying out the project.
An equity joint venture (EJV) is an agreement between two companies to enter into a separate business venture together. ... Each partner participates in gains and losses according to the percentage equity ownership they have in the joint venture
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Answer:
Joint Venture can be defined as a partnership between two or more parties (companies or individuals) coming together to form a separate legal entity with an intention to carry out certain commercial objectives. ... In the Joint Venture, 'joint' literally means coming together and 'venture' means a project or an investment.