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A venture agreement is a legal contract uniting two entities, either individuals or companies, in pursuit of a common goal. This video by eForms explains joint ventures, differentiating them from partnerships, highlighting their common uses, and guiding viewers on creating effective joint venture agreements. Joint ventures are formed when entities lack the capacity or resources to achieve a specific goal independently, allowing them to accomplish objectives collaboratively. Common applications include real estate developments, capital investments, and construction projects. At the end of the video, viewers can access a link to fill out an agreement tailored to their specific needs.
