Are there any restrictions on the distribution of profits from a joint venture?

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Are there any restrictions on the location of a joint venture?
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Are there any restrictions on the types of personnel a joint venture can employ?
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Can a joint venture sue or be sued?
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What are the best practices for creating a joint venture?
Are there any restrictions on the types of contracts a joint venture can enter into?
Are there any restrictions on the use of a joint venture’s assets?

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