Contract: Difference between revisions

Revision as of 15:48, 13 June 2019

The Jolly Contrarian’s Glossary
The snippy guide to financial services lingo.™

Index — Click the ᐅ to expand: Glossary

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“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. Template:Truism.
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 someone or something. Best case, it's only your own faculty with the English language.

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-{{Box|
+{{a|glossary|}}
-“I meant what I said, and I said what I meant. <br />
+:“I meant what I said, and I said what I meant. <br />
-An Elephant’s faithful<br />
+:An Elephant’s faithful<br />
-One-hundred percent!”<br />
+:One-hundred percent!”<br />
+:::-- Dr. Suess - ''Horton Hatches the Egg''
--- Dr. Suess - ''Horton Hatches the Egg'' }}
+Some principles which should help you make a good [[bargain]].
-Some principles which should help you make a good bargain.
 *{{tag|Magic words}} are a really bad risk mitigant. {{truism|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''.