Jointly controlled operations
Jointly controlled operations involve the use of assets and other resources of the venturers rather than the establishment of a separate entity.
Jointly controlled assets
Jointly controlled assets involve the joint control, and often the joint ownership, of assets dedicated to the joint venture.
Jointly controlled entities
A jointly controlled entity is a corporation, partnership, or other entity in which two or more venturers have an interest, under a contractual arrangement that establishes joint control over the entity.
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