For example, my foolish little friend, when pursuing a major...

For example, my foolish little friend, when pursuing a major project 3 companies might choose to sign an MOU to govern the pursuit, however JV agreements are not singed until the project is awarded to the winning team. In this case the MOU would likely have an agreement that is binding on how the cost of the pursuit is paid for and this might be aligned with the final JV agreement or contract. Under these terms the participants are bound to meet their obligations or be sued. But this is simply one example, you are now wasting my time with your inane ramblings.