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Joint Venture
A joint venture (often abbreviated JV) is an entity formed between two or more parties to undertake economic activity together. The parties agree to create a new entity by both contributing equity, and they then share in the revenues, expenses, and control of the enterprise. The venture can be for one specific project only, or a continuing business relationship such as the Sony Ericsson joint venture. This is in contrast to a strategic alliance, which involves no equity stake by the participants, and is a much less rigid arrangement.
The phrase generally refers to the purpose of the entity and not to a type of entity. Therefore, a joint venture may be a corporation, limited liability company, partnership or other legal structure, depending on a number of considerations such as tax and tort liability.
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I married American citizen 2 years ago and have conditional permanent resident status. The marriage has not gone well and my husband has left. What effect will filing for divorce have on my application to have conditions
Many visas, etc., involving spouses must be applied for by both spouses (for exa...
Can my Healthcare provider subrogate my entire settlement leaving me with costs?
Here's a good explanation I found online. Your health insurance company has...
Mother left family property in stepfateher's name, Anyway to fight for it?
If deed is stated in step fathers name most likely it will stay that way....try ...
How do I get the courts in LA to obey the court order in iowa?
wow. thats hard, I will have to ask my lawyer to friend...
A judgement was issued against my ex and I, but they won't go after him. How do I make them?
unfortunately they don't care about the divorce agreement or papers, al the...















