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What is contractual Joint venture and …

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What is contractual Joint venture and Equity based joint venture

Posted by 😊Pooja Gupta😊 3 years, 11 months ago

CBSE > Class 11 > Business Studies

1 answers

Preeti Dabral 3 years, 11 months ago

An equity joint venture (EJV) is an agreement between two companies to enter into a separate business venture together whereas Contractual joint venture(CJV) is an agreement in which two parties come together for a particular business project and sign a contract outlining the terms under which they will work together.

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