2 ms·
Generally, I'd agree. Contracts in big business aren't typically enforced by the letter. You sign a 5-year contract, with +1 year extensions up to 5 years, you
by haser_au 8y ago
Generally, I'd agree. Contracts in big business aren't typically enforced by the letter. You sign a 5-year contract, with +1 year extensions up to 5 years, you aren't going to start enforcing things that don't really matter in the grand scheme of things.
Contracts are generally about reducing risk. Reducing the risk that you're going to steal my IP, and reducing your risk that I'm not going to pay you.
In saying that, I've seen some be enforced to the letter. So if you're a start-up, take your contracting seriously.