Contract

From The Jolly Contrarian
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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. 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.

See also