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> the rich can often simply ignore laws they don't like with limited consequences I don't know why people have such a moralistic view on contract law. What sho
by bko 4y ago
> the rich can often simply ignore laws they don't like with limited consequences
I don't know why people have such a moralistic view on contract law. What should the consequences be of breaking a contract? A fine is pretty normal and enforceable. Stop acting like its some kind of personal affront to your ethics that someone agrees to buy something, watch the market tank and rethink the price. Imagine you agreed to buy a house and the house gets set on fire, dropping the value by 30%? Wouldn't you try to renegotiate or get out of the contract? Now do that with billions of dollars.
- lapcat 4y ago> Imagine you agreed to buy a house and the house gets set on fire, dropping the value by 30%? Wouldn't you try to renegotiate or get out of the contract? Those contingencies are written into the offer. This is why you have a real estate agent, they know what they're doing. You don't need to illegally break the contract, because it'll already be in the contract.
- zaphirplane 4y agoIt’s not Illegal to exercise an exist clause or include one from either party
- lapcat 4y agoYou mean exit clause? That's exactly what I was talking about, so I don't understand your reply.
- CJefferson 4y agoThis is not a moralistic view, did I mention ethics? Just an observation. I find it hard to escape contracts and laws in general. Musk, and other rich people don't. Do you agree it is much easier to escape significant punishment if you have much more money?
- archagon 4y agoConsequences should obviously be proportional to wealth and power. https://en.m.wiktionary.org/wiki/sleep_under_the_same_bridge https://en.m.wiktionary.org/wiki/sleep_under_the_same_bridge