Friday, July 25, 2008

Too True

Before you sign an agreement, read Tim Berry's story:

One of them seemed to give them far broader rights than what we'd agreed. The word "unlimited" was there on the page.

"Don't worry," they said, "that paragraph on page two is just for the disk duplicators, we have to have those rights or they won't manufacture the disks. And you're covered with the paragraph on page three, that limits our rights to exactly what we've agreed."


Anonymous said...

As long as I've been in business, and as many times as I've been kicked around the block, I've also been fooled by the "trust us" argument.
Basic tenet of law - an oral contract is only as good as the paper it's written on. Otherwise, it's your word against theirs.

Michael Wade said...

If a point is agreed upon the other side shouldn't mind having it spelled out in the contract.