MLchartDataset catalogue

Joint adventure

Term · Law · MLC-T-LAW-002811

A contractual association between two or more persons or entities to undertake a specific business enterprise for profit, where they share control and profits or losses. This differs from a partnership in that it is typically limited to a single undertaking rather than a continuing business. The legal principles governing joint adventures are similar to those for partnerships.

Table 1. Record
IdentifierMLC-T-LAW-002811
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-002811",
  "term": "Joint adventure",
  "field": "Law",
  "definition": "A contractual association between two or more persons or entities to undertake a specific business enterprise for profit, where they share control and profits or losses. This differs from a partnership in that it is typically limited to a single undertaking rather than a continuing business. The legal principles governing joint adventures are similar to those for partnerships.",
  "url": "https://mlchart.com/terminology/law/joint-adventure/"
}

Record 2,746 of 5,445 in Law terminology (MLC-0107). Request the full dataset.