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> Yet they cannot refuse to do business with us... I obviously know little about business and "trade", because this strikes me as odd. I mean, I get that it's
by wsgeorge 3y ago
> Yet they cannot refuse to do business with us...
I obviously know little about business and "trade", because this strikes me as odd. I mean, I get that it's contractual, but how could a well-written contract not anticipate a time when doing said business with you would be detrimental to the company forced to pay...
And, long term, such a situation hurts both parties, because if "this obligation becomes part of what kills them", the business on the receiving end also loses a customer.
- bombcar 3y agoIt’s how SaaS and most business contracts operate. Only tiny personally negotiated ones will have downturn provisions - and many companies have never experienced a downturn.
- deleted 3y ago[deleted]