Contract: Difference between revisions
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{{Box| | {{Box| | ||
“I meant what I said, and I said what I meant. <br /> | |||
An | An Elephant’s faithful<br /> | ||
One-hundred percent! | One-hundred percent!”<br /> | ||
-- Dr. Suess - ''Horton Hatches the Egg'' }} | -- Dr. Suess - ''Horton Hatches the Egg'' }} |
Revision as of 08:18, 7 October 2016
“I meant what I said, and I said what I meant.
An Elephant’s faithful
One-hundred percent!”
-- Dr. Suess - Horton Hatches the Egg
Some principles which should help you make a good bargain.
- Magic words are a really bad risk mitigant. Don’t take a piece of paper to a knife fight.
- The foundation of any contract is trust. If you don’t trust your counterparty, don’t make a contract with it. The moment you have to say for the avoidance of doubt, you have acknowledged you don’t trust.