2 ms·
a bad contract is based on the probability of expensive clauses being activated. in any other financial arrangement, a 50% chance is a very bad contract that wo
by yieldcrv 3y ago
a bad contract is based on the probability of expensive clauses being activated. in any other financial arrangement, a 50% chance is a very bad contract that would just be avoided. a “30% chance amongst parties in their late 20s and older in higher socioeconomic brackets” is still a very bad chance in literally any other financial or business agreement and would be laughed at, as it would be devoid of all the cultural baggage and conditioning to engage with. a 10% chance would be bad too!
this is mutually exclusive of understanding the purpose of the clause and seeing the benefit of it.
this is merely saying, objectively, based on the aforementioned criteria, this is a bad contract.