can a joint venture be formed w/out drawing up a formal agreement?
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YES
syndicate
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investment group that comes together for the explicit purpose of financing
a specific large project
(ie purchase of a professional sports team)
, what the franchise agreement agrees:
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1. % income from the sales of the goods which will go to franchisor
2. location of franchise
3. standards, quotas, and forbidden practices
automobile dealers' franchise act 1965
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prohibits car dealership franchisors from terminating franchise relationships
in bad faith
syndicates are good b/c
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they can raise large amounts of money in a short amount of time
(type of joint venture- almost always governed by partnership law)
6 types of specialized forms of business organizations
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Give this one a try later!
YES
syndicate
Give this one a try later!
investment group that comes together for the explicit purpose of financing
a specific large project
(ie purchase of a professional sports team)
, what the franchise agreement agrees:
Give this one a try later!
1. % income from the sales of the goods which will go to franchisor
2. location of franchise
3. standards, quotas, and forbidden practices
automobile dealers' franchise act 1965
Give this one a try later!
prohibits car dealership franchisors from terminating franchise relationships
in bad faith
syndicates are good b/c
Give this one a try later!
they can raise large amounts of money in a short amount of time
(type of joint venture- almost always governed by partnership law)
6 types of specialized forms of business organizations
Give this one a try later!