Originally Posted by johnwells

I read couple of earlier posts and noted that there is a general agreement on partnership, which has two or more owners.
But where does it say joint ventures cant have two owner (legally speaking), also as per wikipedia:

"With individuals, when two or more persons come together to form a temporary partnership for the purpose of carrying out a particular project, such partnership can also be called a joint venture where the parties are "co-venturers". "

http://en.wikipedia.org/wiki/Joint_venture

If someone could elaborate pls. Thanks!