Examlex
Describe neutrality effect and negativity effect.
Joint Venture
A joint undertaking by two or more persons or business entities to combine their efforts or their property for a single transaction or project, or for a related series of transactions or projects. A joint venture is generally treated like a partnership for tax and other legal purposes.
Co-Venturers
Parties that collaborate on a specific business venture, sharing profits, losses, and control.
Dissociates
Refers to the separation or detachment of something from something else, often used in chemistry to describe how molecules split into smaller parts or ions.
Operating Agreement
A contract among members of a Limited Liability Company (LLC) that outlines the business's financial and functional decisions.
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