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Trading is when you exchange items, goods, ideas, inventions and such. Banking is when you add interest and get money from merchants. Joint stock companies are a business in which people invest together.

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8y ago

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Does a joint venture have to be incorporated?

No, a joint venture can take many forms. It may simply be a contractual relationship between two companies, or it may be a separate corporation, partnership or limited liability company.


What is relationship among trade bakingand the joint stock companies?

Trade banking and joint-stock companies are closely linked as both emerged during the rise of early modern capitalism. Trade banks provided the necessary financial services, such as loans and currency exchange, to facilitate international trade, which was crucial for the operations of joint-stock companies. These companies, composed of multiple shareholders pooling resources, relied on trade banks for capital to fund their ventures, thereby enabling large-scale exploration and commercial activities. Together, they played a significant role in expanding global trade networks and economic growth.


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Was GE Fanuc a joint venture between the United States and Japan?

This was a joint venture between two companies not two countries. The two companies involved in the venture are General Electric in the US and FANUC Ltd. in Japan.


What did the introduction of banking letters of credit joint stock companies and guilds contributed to the start of?

The introduction of banking, letters of credit, joint stock companies, and guilds significantly contributed to the start of modern capitalism and the expansion of trade in the late Middle Ages and early Renaissance. Banking facilitated easier access to capital, while letters of credit enhanced trust and reduced risks in long-distance trade. Joint stock companies allowed for pooling of resources and sharing of risk among investors, leading to larger-scale ventures. Guilds provided structured support for craftsmen and traders, promoting quality and fair competition, which further stimulated economic growth.


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What are the legal effects of joint banking accounts between two unmarried people?

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If there is a joint venture between two companies. Each of the companies, under the equity method, only records half of the income from the joint venture on the income statement-nothing on balance sheet. With the proportionate consolidation method, the parent companies record half of the liabilities and assets from the joint venture.


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List of Indian companies that entered into joint ventures with foreign companies?

list of Indian companies that entered into joint ventures with foreign companies


Which companies formed the joint venture Eurotrain?

The companies that formed the joint venture Euro Train are the French National Railways (SNCF) and the Swiss Federal Railways (SBB). These two companies combined efforts to make travel between the two countries more efficient.