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<p>to provide goods and services through a joint partnership accept joint liability for the execution of the contract.</p>

<p><big> Worldwide </big></p>
<p><big> Australia </big></p>
<p>Joint ventures in Australia fall under several categories: </p>

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# <b>Contractual joint ventures:</b> These ventures are established by a contractual joint venture agreement and create a separate legal entity. These are often used for specific projects or short-term collaborations.<br/>
# <b>Equity-based joint ventures:</b> In this type, the parties create a separate company</p><p>
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