Quote:
Originally Posted by Far-L
While I completely agree in principle. A contract is only honored by those with honor to spare. To those without honor, contracts mean very little.
Say someone spends a grand to get a contract done (which is on the low side when you get into the tit for tat in all that fine print) then how many more units are going to have to be sold to cover that expense before one can turn a profit?
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Very true. However, there is language that can be added or deleted to/from the contract to insure that at least the playing field is vastly more level when it comes to not paying, audits and litigation. And often people sign a contract believing the other party is honorable, and the language that can be added will be a litmus test to see what their intentions are.
Its sometimes better to spend the $1000 on the contract and save yourself the misery and forgo the deal.