Accountancy, asked by gaffar33, 10 months ago

differences between joint venture and consignment

Answers

Answered by ritikajha33
2

The profits and losses are not shared between the consignor and consignee. Consignee gets only the commission. Joint venture: The co-ventures in a joint venture have equal rights. Consignment: In consignment, the consignor enjoys principal's right whereas consignee enjoys the right of agent.

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