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LSDefine

Simple English definitions for legal terms

joint adventure

Read a random definition: yeoman of the guard

A quick definition of joint adventure:

Joint adventure: A term that means the same thing as "joint venture." It was used in the United States in the second half of the 20th century.

A more thorough explanation:

Definition: Joint adventure is a term that was used interchangeably with joint venture in the United States during the latter half of the 20th century. It refers to a business arrangement where two or more parties come together to undertake a specific project or business activity for a limited period of time.

Example: Two friends decide to start a small business selling handmade crafts. They agree to pool their resources and skills to create unique products and sell them at local markets. This is an example of a joint adventure.

Another example could be two companies coming together to develop a new product or service. They agree to share the costs and profits of the venture, but only for a specific period of time until the project is completed.

These examples illustrate how joint adventure involves a temporary partnership between two or more parties for a specific purpose. It allows them to combine their resources and expertise to achieve a common goal, without committing to a long-term business relationship.

joint | joint and several

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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