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Taxi giant Uber and heavy vehicle manufacturer Volvo announced a joint venture agreement to develop self-driving cars. The two companies planned to jointly invest $300 million in the project, each contributing $150 million. Hence, the ownership ratio between the two companies was 50%-50%.

One example of an incorporated joint venture in Malaysia is the formation of Mazda Malaysia Sdn Bhd. This SPV was formed by a joint venture agreement executed between Mazda Motor Corporation and Bermaz Motor Sdn Bhd on 11 September 2012.

How to write a Joint Venture Agreement Establish the details of the joint venture. Add information about your industry, location, and which type of venture you'll form. ... Describe the members of the joint venture. ... Set terms for business management. ... Set terms to help avoid or manage disputes.

As a first concern, all leases should be in writing, even if the law does not require it. North Carolina's Statute of Frauds only requires that leases exceeding three years from the making need be in writing.

The Residential Rental Agreements Act is set out in G.S. Chapter 42, Sections 38 to 44. This law, which was passed in 1977, re-wrote the common law to provide that landlords must maintain residential rental premises to be fit to live in, and to make clear that a tenant's right to such housing cannot be waived.

A North Carolina month-to-month rental agreement is a rental contract with no end date between the landlord and a tenant. The end date is determined by either the landlord or tenant by providing notice to terminate.