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A joint venture agreement is a legal contract uniting two entities to achieve a common goal. e-forms, a major database for legal forms, aims to assist users in navigating contracts. This video tutorial explains the definition of a joint venture, differentiates it from a partnership, and discusses common applications such as real estate development, capital investments, and construction projects. It emphasizes that joint ventures allow parties to pool resources and capabilities to accomplish objectives that may be unattainable alone. Viewers are encouraged to click a link at the video's end to create a tailored joint venture agreement.
