### Question
How does the law define joint venture?


### Answer
Under *15 U.S.C. § 278n*, **joint venture** is defined as:

> any group of activities, including attempting to make, making, or performing a contract, by two or more persons for the purpose of—


(A) theoretical analysis, experimentation, or systematic study of phenomena or observable facts

#### Citation:
  - *15 U.S.C. § 278n*
  - Heading: **CHAPTER 7-NATIONAL INSTITUTE OF STANDARDS AND TECHNOLOGY**

