All joint activities facilitated by a separate vehicle are joint ventures.

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Joint activities facilitated by a separate vehicle can be part of a joint venture, but not all such activities qualify as joint ventures. A joint venture specifically involves two or more parties pooling resources to achieve a particular business objective, and while it often involves a separate vehicle (like a partnership or corporation), the defining characteristic is the shared control and risks, not just the use of a separate vehicle.

All Joint Activities Facilitated by a Separate Vehicle Are Joint