What kind of control does each party have over a joint venture?

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Are there conflicts of interest to consider when entering into a joint venture?
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Are there any restrictions on the duration of an agreement between the parties of a joint venture?
Can a joint venture borrow money?
What are the legal liabilities associated with a joint venture?
What is the difference between a joint venture and a limited liability company?
What are the ethical considerations for formation of a joint venture?
Are there any restrictions on who can be involved in a joint venture?
What are the accounting implications of a joint venture?
Are there any restrictions on the types of partners in a joint venture?

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