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A foreign venture agreement is a legal contract between two entities, either individuals or companies, aimed at achieving a common objective. This video by e-forms, the largest database of fillable legal forms, explains joint ventures, distinguishing them from partnerships. It outlines common applications for joint venture agreements, such as in real estate development, capital investments, and construction. The video guides viewers on how to create an effective joint venture agreement tailored to their needs. For further assistance, viewers can click a link at the end to start filling out a relevant agreement.