RETHINKING MODERN FINANCIAL AGREEMENTS – WHY CONTRACTS ALONE DO NOT PREVENT DISPUTES

RETHINKING MODERN FINANCIAL AGREEMENTS – WHY CONTRACTS ALONE DO NOT PREVENT DISPUTES

Introduction “No contract actually ends dispute; only reasonable men do.” There is a quiet misunderstanding that runs through modern contracting practice: the belief that a well-drafted contract prevents disputes. It does not. A contract does something more modest, and more realistic. It organizes disagreement before it happens. In real commercial life, disagreement is not an exception. It is often the…

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