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What is the difference between a joint venture and a partnership?

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تم إضافة السؤال من قبل wajdi hamza , محامي , مكتب حمزة لمحاماة الاعمال
تاريخ النشر: 2016/08/07
Gayasuddin Mohammed
من قبل Gayasuddin Mohammed , Advocate , Practicing Law before High Court at Hyderabad

Partnership firm is a firm established under Partnership Act with respect to their capital share of each partner for conducting their business and upon their pre-agreed terms and conditions. Thanks.

 

Joint Venture (JV) basically within my knowledge, it is to conduct or to complete a project which was undertaken jointly by two companies which were established under Companies Act. Thanks.

Kazi Musharrof Rashed
من قبل Kazi Musharrof Rashed , ADVOCATE , Judges' Court, Sylhet

The Key difference between a Joint Venture and a Partnership is that, Joint Venture does not have any specific regulation to be governed, whereas the Partnership is governed by Partnership Act.

المزيد من الأسئلة المماثلة

هل تحتاج لمساعدة في كتابة سيرة ذاتية تحتوي على الكلمات الدلالية التي يبحث عنها أصحاب العمل؟