Can a joint venture sue or be sued?

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What is the tax filing status of a joint venture?
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Are there any restrictions on how profits from a joint venture are distributed?
Are there any restrictions on the duration of an agreement between the parties of a joint venture?
How do I protect my interests when forming a joint venture?
Are there any restrictions on the sale of assets or shares in a joint venture?
Are there any restrictions on the distribution of profits from a joint venture?

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