Definition of Joint Venture A business arrangement in which two or more parties come together to collaborate and undertake a particular business project or venture is called a Joint Venture. In such a business arrangement, every party involved contributes resources such as capital, specialization, technology and much more to the venture and takes part in …
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Contract drafting through the spheres of verbal assurances given by the parties to one another is just the rapport made in plain English which cannot be considered a legal agreement in the eyes of the law. Moreover, considering a verbal agreement, the parties’ intention to enter an agreement cannot be concluded. Whereas, contract drafting through …
Read more “Contract Drafting for Non-Lawyers: Simplifying Legal Language”
A contract is a legal agreement that outlines the terms and conditions of a transaction or relationship between two or more parties. Whether you’re buying a product or service, hiring an employee, or entering into a partnership, a contract is an essential tool for protecting your interests and ensuring that all parties are on the …