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APPLICATION for DETERMINING JOINT VENTURE ELIGIBILITY Dot Nd  Form

APPLICATION for DETERMINING JOINT VENTURE ELIGIBILITY Dot Nd Form

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Welcome to the Investors Trading Academy talking glossary of financial terms and events. Our word of the day is “Joint Venture”. 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. They exercise control over the enterprise and consequently share revenues, expenses and assets. There are other types of companies such as JV limited by guarantee, joint ventures limited by guarantee with partners holding shares. In European law, the term 'joint venture' or joint undertaking is an elusive legal concept, better defined under the rules of company law. In France, the term 'joint venture' is variously translated 'association d'entreprises', 'entreprise conjointe', 'coentreprise' or 'entreprise commune'. In Germany, 'joint venture' is better represented as a 'combination of companies' A joint venture takes place when two parties come together to take on one project. In a joint venture, both

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