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The validity, under antitrust law, of a joint venture depends on the competitors' purpose
in forming it.
Members of an LLC share profits and losses equally.
A buyer in the ordinary course of business takes collateral (other than farm products)
free of any security interest created by the buyer's seller, even if the security interest is
perfected and the buyer knows of its existence.
By a majority vote, shareholders may remove the entire board of directors without
cause.
Handwritten words supersede typewritten words contained in commercial paper.
A goal of the EU is to promote progress by establishing an economic and monetary
union.
Parol evidence refers only to any oral evidence that is outside an integrated written
contract and not incorporated into it, either directly or by reference.
