what is contratual joint ventures
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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. ... See also joint venture; equity joint venture. Model of International Joint Venture Contract.
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IT IS A DIFFERENT LEGAL ARRANGEMENTS FROM THE INCORPORATED IN WHICH 2 OR MORE PARTIES SET UP A SEPRATE LEGAL ENTITY TO ACT AS THE VEHICLE FOR CARRYING OUT THE PROJECT ...
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