Joint Venture or Partnership? Understanding the difference

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 … Read more

Contract Drafting for Non-Lawyers: Simplifying Legal Language

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