In joint venture, it is not possible for one firm to purchase the other partner's share at any point.

Name: In joint venture, it is not possible for one firm to purchase the other partner's share at any point.
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In a joint venture, one firm may have the option to purchase the other partner's share at some point as agreed upon in the joint venture agreement. However, this option is not always available and depends on the specific terms of the joint venture agreement.

In Joint Venture, It Is Not Possible for One Firm