Where an entity has significant influence but its consent to decisions is not required,it is not a joint venturer:

Question

Quizplus · Accepted Answer

Significant influence alone does not make an entity a joint venturer. Joint venturers share control and economic benefits and risks, and their consent is required for major decisions. If an entity has only significant influence but does not have control or a share of economic benefits and risks, it is not a joint venturer.

Where an Entity Has Significant Influence but Its Consent to Decisions