Contract

The Jolly Contrarian’s Glossary The snippy guide to financial services lingo.™ Go Premium Index — Click the ᐅ to expand: Glossary Comments? Questions? Suggestions? Requests? Insults? We’d love to 📧 hear from you. Sign up for our newsletter.

“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.

See also

• Agency
• Tort
• Restitution
• Breach of contract
• Concurrent liability
• Dr. Suess
• For the avoidance of doubt
• Plain English