POSC Specifications: Epicentre Version 3.0 Logical Data Model

JOINT_VENTURE_AGREEMENT

(Rules) (Express)

An agreement that defines an association of business associates for the prosecution of a single venture. The usual elements of a joint venture agreement define: (1) a community interest in the object of the undertaking; (2) an equal right to direct and govern the conduct of each other with respect thereto; (3) a share in the losses, if any; and (4) a close and even fiduciary relationship between the parties.


Local rules:

Supertype path(s):

Entity consolidated into table CONTRACT.

Referenced in Diagrams:


Generated on Tue Jul 10 15:43:43 2001
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