Contract: Difference between revisions
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*{{tag|Magic words}} are a really bad risk mitigant. {{truism|Don’t take a piece of paper to a knife fight}}. | *{{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''. | *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, | *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. | ||
===See also=== | ===See also=== | ||
Revision as of 19:21, 23 February 2020
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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.