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Pros and Cons of a Joint Venture

Joint venture is an organization formed for some temporary purpose.

A joint venture, therefore, is akin to a partnership, the essential elements of which are as follows:

(1) an agreement to contribute money, property, or industry to a common fund; and

(2) an intent to divide the profits among the contracting parties.

(Carlos Valdes vs. La Colina Development Corporation, G.R. No. 208140, July 12, 2021)

Laws Implemented in Favor of Women in the Last 20 Years

In the past, women were forced to stay home and were not allowed to pursue education and employment. However, recent statistics show that society appears to have improved in this regard. Yet even though women make up a large portion of the work force, they are still somehow expected to take primary responsibility for childcare and the management of the home.

Who are disqualified from engaging in the business of recruitment and placement of workers for overseas employment?

Recruitment and placement refers to any act of canvassing, enlisting, contracting, transporting, utilizing, hiring, or procuring workers, and includes referrals, contract services, promising or advertising for employment, locally or abroad, whether for profit or not: Provided, That any person or entity which, in any manner, offers or promises for a fee employment to two or more persons shall be deemed engaged in recruitment and placement.

Can foreign investors lease private lands in the Philippines?

Under the Condominium Act, any foreign investor shall be allowed to lease private lands in the Philippines provided that the lease contract shall be for a period not exceeding 50 years but may be renewed once for not more than 25 years, the leased area is used solely for the purpose of investment and the leased premises comprise of such area as may reasonably be required for the purpose of the investment.