Question

What are Joint Ventures? Explain.

Answer 1

Answer:

A joint venture or JV is a business agreement in which the parties agree to develop, for a finite time, a new entity and new assets by contributing equity. ... A joint venture takes place when two parties come together to take on one project.

Answer 2

Answer:

A joint venture or JV is a business agreement in which the parties agree to develop, for a finite time, a new entity and new assets by contributing equity. ... A joint venture takes place when two parties come together to take on one project