Checklist for a Joint Venture

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Checklist for a Joint Venture

There is no legal definition of a joint venture as such in English law but essentially it is a relationship between two or more parties sharing risks and rewards in a particular business enterprise. The joint venture is usually undertaken through the medium of a joint venture agreement or through a limited liability company; it is to be distinguished from the relationship of employer and employee and from a relationship where one party provides services to another.

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