Question

 

"Joint Venture is a temporary partnership". Comment and explain how is it different from Partnership.

12 Sep 2025
Answer :
Word Count : 473
A joint venture is regarded as a temporary partnership because it is formed by two or more parties who agree to carry out a specific business project or undertaking for a limited period of time, after which the arrangement comes to an end. It is created to achieve a particular objective, such as executing a construction contract, exploring minerals, or organizing an event, and once the work is completed and the profits or losses are shared, the joint venture ceases to exist. The relationship among the co-venturers is similar to that of partners as they contribute resources, share risks, and divide the results in an agreed ratio, but it does not possess the same permanency or continuity that ___ ________ ______ __________ ___ _____ __________ _______.
___ _____ _________ ______ ____ _________ _______.
__________ ________ ____ _______ ______ __________ _______ _____ ____ ________ ___.
_______ ______ _____ ___ ______ _________ ________ _______ ______ ____ ___.
______ ___ __________ ________ _______ ____ __________ ________ _____ ________ _______ ___.
___ _____ ____ _____ ____.
_______ ______ __________ _______ ____ _______ __________ ______ _________ ________.
_______ _____ ___ _________ ______ ________ _____.
________ ____ ___ ______ _____.
_______ ____ _______ _____ ______ ________ _______ ______ _______.
_________ ______ _________ _____ ____ __________ ________ ____ ___ ___.
________ __________ _______ ________ ______ ______ _________ ___.
_________ _______ ______ _________ ______ ___ ___ ______ _______ _________.
______ ______ ________ __________ _______ _______ _________ ____ ___.
___ __________ _____ ________ _________ ______ __________ ____ _____ ___ ____ _____.
_________ _____ __________ ____ __________ __________ ___ _____ _________ _________ ___ __________.
______ ____ __________ ____ ____ ________ ________ _________ _______ _____.
__________ ________ ____ _________ ________ ____ __________ ________ _________ __________ ___ ____.
______ ____ _____ ____ ___ _________.
____ ___ ______ _____ ____ ________ _____ _________.
__________ _______ ____ ________ _______ ___ _______ ____ _____ ___ ________ ________.
___ ____ _____ __________ __________ ____ __________ __________ _____.
___ _______ _________ _______ _____ ______.
___ _______ _____ _______ ______ _____ ____ ______ ________ __________ ______ ___.
______ ____ ____ ________ ______ ______.
______ ___ ____ _________ ______ ___ ______.
________ ______ _____ _________ _________.
___ ________ _________ _______ ___ _______ _______ _____ ____ ________ ______.
______ ____ ___ ______ ____ ______ _________ _____ __________ ______ _______ ______.
_____ ____ ____ ___ ______ _____ ______ _______.
__________ _________ __________ _________ ________ _________ _____ ____ _______ _______ _____.
__________ ______ ____ _____ ____ _____.
______ __________ ___ ___ __________ ______.
___ ______ _____ _____ ____ _____ ______ __________ ________ _________.
______ _________ _______ ________ __________ ______ _______ ____.
__________ _________ _______ _______ _________ ______ ________ ________.
_____ ___ _______ _______ ___ _____ _______ ___ _________.
_____ _______ _____ ________ _____.
___ ________ _______ ______ __________ _______ ______ _______ ______ __________ _______ __________.
___ _______ _________ ________ _______ ____ ____.
______ _________ ____.
Get Full Answer on WhatsApp
IGNOU NEWS
Assignment Submission Last Date Extended Till 30 June 2026 Click Here★★★IGNOU June 2026 TEE Date Sheet Released Click Here★★★
Top
📞
Call Support Instant phone assistance  "Joint Venture is a temporary partnership". Commen
🟢
WhatsApp Chat Fast live messaging
Email Us Business enquiries & support