In a joint venture, the partners donot act in common or act as an agent to one another . What does this mean . Give examples.
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In a joint venture, the partners donot act in common or act as an agent to one another . What does this mean . Give examples.
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- What is a joint venture? Give some reasons joint ventures may be advantageousto the parties involved.What is a joint venture? Give some reasons why joint ventures maybe advantageous to the parties involvedIn partnership, partners act in common or act as an agent to one another . What does this mean??
- Is this set up possible? A and B entered into a partnership AB and Assoc, C and D entered into a partnership CD and Assoc, AB, CD and F corporation entered into a joint venture, how would you account for that?Even though, from an accounting standpoint, partnerships are separate entities from the partners, why is it important for people to form partnerships with people they can trust?Which of the following is not a characteristic of a partnership firm? Select one: A. Limited Liability B. Easy Formation C. Mutual Consent D. Equal Profits
- What are the different types of joint ventureWhat does it mean that the members of the joint venture company can retain own separate identity ??What is the primary difference between forming a real estate endeavor as a company and forming a general partnership in real estate? In what ways does a limited partnership have some of the features of both types of organizations?
- The characteristic of a partnership where a partner is an agent for other partners and the partnership when transacting partnership business is: a. a fiduciary relationship b. tenancy in partnership c. mutual agency d. the proprietary theoryBriefly describe about partnership. What fundamentals of partnership agreement are necessary in the business? Also differentiate between charge and appropriation.In the context of the various forms of business ownership, discuss the two basic types of partnerships.