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They may want to, but the real world is one in which contracts are honored either to the extent that it's convenient, or that the penalties for not honoring the
by pmiller2 7y ago
They may want to, but the real world is one in which contracts are honored either to the extent that it's convenient, or that the penalties for not honoring them are worse than the result of doing so. In other words, "breach of contract" is basically a cost of doing business, especially for a corporation. And, if your counterparty doesn't have the resources to sue, you can get away with almost anything.
- richardfontana 7y agoCf. https://en.wikipedia.org/wiki/Efficient_breach https://en.wikipedia.org/wiki/Efficient_breach