Examlex
After the ban on the production and sale of alcohol ended in 1933,
Joint Ventures
A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task.
Net Assets
The total assets of a company minus its total liabilities, representing the shareholders' equity.
Individual Assets
An individual asset refers to a specific item of property, tangible or intangible, owned by a person or a company.
Joint Operations
A business activity in which two or more parties share control and management, as well as the benefits and risks of the operation.
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