Business Studies

A joint venture must be based on a memorandum of understanding signed by both the parties highlighting the basis of a joint venture agreement.


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True


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A joint venture must be based on a memorandum of understanding signed by both the parties highlighting the basis of a joint venture agreement. The terms should be thoroughly discussed and negotiated to avoid any legal complications at a later stage.
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TRUE/FALSE Medium Published on 18th 08, 2020
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