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What are the financial profitability aspects relating to joint ventures and partnerships?

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In the United States, joint ventures are governed by state partnership, contract, and commercial transactions law. A joint venture is also treated like a partnership for Federal income tax purposes. A joint venture corporation involves the same type of activity as above but within a corporate framework. Foreign joint ventures are subject to the international trade laws and the laws within the foreign countries.

Financial Benefits of Joint Ventures
? Provide companies with the opportunity to obtain new capacity and expertise
? Allow companies to ...

Solution Summary

In an 882 word solution, the response discusses partnerships and joint ventures and limited partnerships.