ABC Corp. decides to enter into a joint venture with its archrival XYZ Corp. in order to develop a new product. The problem is that as rivals they do not trust one another. What provisions would you place in the joint venture agreement to ensure that they collaborate in a meaningful way? Discuss the purposes of each of these provisions or strategies.

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The Answer of ABC Corp. decides to enter into a joint venture with its archrival XYZ Corp. in order to develop a new product. The problem is that as rivals they do not trust one another. What provisions would you place in the joint venture agreement to ensure that they collaborate in a meaningful way? Discuss the purposes of each of these provisions or strategies.

ABC Corp Decides to Enter into a Joint Venture with Its