partnership existence

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December 14, 2014 at 4:07 pm #220540
Kyaw
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Is joint ventures equal to partnership?
Can partnership exist for a single transaction.
December 14, 2014 at 7:34 pm #220556
MikeLittle
Keymaster
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Hi

Yes, by definition a joint venture is a partnership for a particular course of trade, voyage or adventure.

So, in answer to both your questions, yes!
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