👉 Underjoint, also known as a joint venture or partnership, is a business entity formed between two or more parties to jointly undertake an enterprise. Underjoint entities are often used in industries such as manufacturing, construction, and transportation, where collaboration among multiple companies is crucial for success. Underjoint relationships typically involve the exchange of resources, such as capital, expertise, and technology, that can be beneficial for both partners. In this context, the term "joint venture" refers to a business partnership between two
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