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Though there is a downside. I decided to start working when I was 16, and it was hard to keep business with no right to enforce my own liabilities in the contra

• hnarn 8y ago
  I wasn't claiming that it's ideal, or something that should be applied to all contracts. I only answered the question of how this could be constructed in the legal sense. What types of contracts that are reasonable to include under a provision like this is an open debate.
• slavik81 8y ago
  The right to be held to your side of the bargain is perhaps not immediately obvious as an important right, but there's a decent bit that has been written on the topic. For example: "Among the legal privileges of corporations, two that are mentioned in textbooks are the right to sue and the "right" to be sued. Who wants to be sued! But the right to be sued is the power to make a promise: to borrow money, to enter a contract, to do business with someone who might be damaged. If suit does arise, the "right" seems a liability in retrospect; beforehand it was a prerequisite to doing business." ~ Thomas Schelling, The Strategy of Conflict