The Joint Venture is temporary partnering and alliance but Merger is permanently combination.
ordinary:in an ordinary partnership the partners are jointly and severally liable for the debts of the undertaking. extra ordinary:where the liability of the partners towards third parties are limited
subcontractor join to main contractor to form joint venture but that venture is not partnership
A sole proprietorship is owned and ran by one person, a joint partnership is owned and ran by two or more people equally, and a stock company is owned by stockholders and ran by a CEO.
Vertical merger is between two companies that is producing different goods. This happens when two different firms are on different levels.
A partnership is a venture by two or more people. A merger is when the owners of two businesses agree to join their firms together to make one business
there is no difference.
The Joint Venture is temporary partnering and alliance but Merger is permanently combination.
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The main difference between a sole proprietorship and a partnership is that a sole proprietorship is owned and operated by one person, while a partnership is owned and operated by two or more people who share profits and responsibilities.
A sole proprietor is a person who is in business for themselves. A partnership is two or more people who are in business for themselves.
aditya birla group tata industries etc.
The difference between a partnership agreement and an operating agreement is that in the partnership agreement is set up for all owners or partners to be responsible for the company. The operating agreements differs in the fact that the agreement is for the person or people in charge of the operating requirements for the company.
liquidation of partnership is when partnership is broken due to the insuficient fund problem a partnership may encounter, while dissolution of partnership is when partnership is resolved according to the decision taken by the partners
When two or more companies are merged with their assets and liabilities, they are called merger. Whereas when they are separated/detached from each other,they are called demerger.
Takeover means buying the controlling percentage of shares of the target company. Merger means the purchase of one company by another company.