Business
Joint Venture Partnership Agreement
Washington
Who pays expenses in a joint venture?
I am currently exploring the possibility of forming a joint venture with another company to pursue a business opportunity. However, I am unclear on how expenses related to the joint venture will be paid and whether each company is responsible for their own expenses or if they will be shared. Therefore, I would like to seek the advice of a lawyer to better understand the financial implications of a joint venture and ensure that my interests are protected.
1 Attorney answer
Answer
Business
Washington
Jane C.
ContractsCounsel verified
It depends on the language in the joint venture agreement.
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