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8 mark 17. (a) What are the features of Joint venture? Or (b) Koshi and Joshi were partners in a Joint venture sharing profits and

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8 mark

17. (a) What are the features of Joint venture? Or (b) Koshi and Joshi were partners in a Joint venture sharing profits and losses in the proportion of 3/5 and 2/5 respectively. Koshi supplies goods to the value of Rs.10000 and

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