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I'm guessing that when large corporations sign agreements with each other, they don't include the clause "we can change this agreement at any time". Only powerl
by rspeer 11y ago
I'm guessing that when large corporations sign agreements with each other, they don't include the clause "we can change this agreement at any time". Only powerless end-users are expected to agree to that one.
- nickff 11y agoMost contracts without a specified end date or condition have some variation of that term, to allow for discontinuation of services/products, pricing changes and other issues. These terms often have some guarantee of advance notice before a change is made, but not always. Generally companies believe that their business partners/ suppliers/customers will act ethically; when your counterparty does act unethically, a contract is of little solace anyway. A typical example of this type of contract would be a shipping contract, which usually does not guarantee pricing. Another example would be electronic components, which are well-specified, but whose mask (implementation on silicon) can be changed at any time (and notice may or may not be given).