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A foreign venture agreement is a legal contract uniting two entities to achieve a common goal. This video tutorial from e-forms, the largest database of fillable legal forms, explains the concept of a joint venture, distinguishing it from a partnership. It outlines common uses for joint venture agreements, such as real estate developments and capital investments, and provides guidance on creating a customized joint venture agreement. The primary purpose of forming a joint venture is for two parties to collaborate when they lack the individual resources or capacity to achieve specific objectives. Viewers are encouraged to click the link at the end of the video to start filling out a suitable agreement.
