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A Joint Venture.

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13y ago

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Related Questions

What is an example sentence of for the word contract?

The left fielder signed a new contract to play Triple A ball in California.


Can you dissolve your partnership if you have signed a contract?

I'm not sure what the contract is. If the contract is between the partners, then they can mutually agree to void the contract. No problem. If the contract is between the partners and a third party, then it still stands, and must be honored by all partners, regardless of their participation.


What type of relationship has probably been formed if two or more parties agree to combine their efforts for a single business transaction?

A partnership has most likely been formed when two or more parties agree to combine their efforts for a single business transaction. In a partnership, all parties involved share in the profits and risks associated with the transaction.


In what situation do all parties involved agree to the terms of the contract?

All parties involved agree to the terms of a contract when there is mutual understanding and acceptance of the terms and conditions outlined in the agreement.


What factors distinguish a partnership from a company Under what circumstances would you consider the company a better business structure than a partnership in Australia?

* the members of a business venture created by contract * a cooperative relationship between people or groups who agree to share responsibility for achieving some specific goal; "effective language learning is a partnership between school, teacher and student"; "the action teams worked in partnership with the government" * a contract between two or more persons who agree to pool talent and money and share profits or losses


What condition must be met before the duty to perform is triggered in a contract?

In a contract, the duty to perform is triggered when both parties agree to the terms and conditions outlined in the contract.


Is an offer of employment considered a contract?

Yes, an offer of employment can be considered a contract if it includes specific terms and conditions that both parties agree to.


Do you agree to the terms of this contract by signing it?

Yes, do you agree to the terms of this contract by signing it?


When is a contract perfected?

When two or more persons agree to the terms and conditions, put forth by the proposer and the same has been accepted in the same manner, then only contract perfected.


What are some examples of a partnership company?

Partnership is an arrangement where parties agree to cooperate. The most common example of a partnership company is Facebook and Skype.


Can The parties to a contract can mutually rescind a contract?

Certainly. They made to contract, they can agree to end the contract.


What are terms and conditions of contract employment?

The terms are laid out in the contract. The terms would be different for each contract. Assuming you mean an INDIVIDUAL contract, the employer and contracted employee can negotiate and agree on ANYTHING not prohibited by statute. Usually, wages, benefits, performance bonus, conditions allowing discharge, protection of company secrets, ownership of patents and copyrights developed by the employee.