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For those not in the know, this is what 'peppercorn' contracts are about, where one side pays $1 (the 'peppercorn', ie: not worth much) in exchange for the othe
by vacri 10y ago
For those not in the know, this is what 'peppercorn' contracts are about, where one side pays $1 (the 'peppercorn', ie: not worth much) in exchange for the other side's stuff. Usually it's done for things that are considered an overall net liability.