Writing Good Contracts

Discussion in 'Business & Economics' started by TruthSeeker, Nov 6, 2007.

  1. Mr. G reality.sys Valued Senior Member

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    TruthSeeker;1618084: You'll make an interesting project.
     
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  3. TruthSeeker Fancy Virtual Reality Monkey Valued Senior Member

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    What do you mean unrelated?!? Maybe it is YOU that is ignorant of the fact that the relationship between an employee and an employer IS a contractual relationship!! So are all the receipts that you get whenever you purchase something. Those receipts are contracts between you and the vendor. Did you know that?

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    I'm not the one that is badly informed here....

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    Any business relationship here is relevant. You can't do business with whoever, right? You need to know what kind of person you are dealing with and if that person is benefitial to your organization, be that person an employee, a client or a partner!
     
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  5. TruthSeeker Fancy Virtual Reality Monkey Valued Senior Member

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    Uh? :crazy:
     
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  7. draqon Banned Banned

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    the aliens need you Truthseeker for their transagalactic entrepreneurship accountant deals.
     
  8. TruthSeeker Fancy Virtual Reality Monkey Valued Senior Member

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    True... true.....


    ...
    Where did they go, btw? :bugeye:
     
  9. draqon Banned Banned

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    they logged off...
     
  10. TruthSeeker Fancy Virtual Reality Monkey Valued Senior Member

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    Oh.... too bad for them....

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  11. TruthSeeker Fancy Virtual Reality Monkey Valued Senior Member

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    Ok, so here's the rough draft.... what da ya think?

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    "Contract between A, the “owner” and B, the “subcontractor”.

    For the purpose of....

    This contract becomes in effect on DATE and end at the discretion of both parties, restricted by the terms below.


    B agrees to the following terms:

    1)Payment goes here....
    2)No control of company.
    3)May use own tools or owner's tools, whichever preferred
    4)Must report all activities to owner. Every time one month is completed, send to owner for review and continue on with other work. If any questions or concerns regarding someone's books or own responsibilities contact owner immediately.
    5)Assume all responsibility for own work and any liability that comes with it.
    6)Must not break any laws while working on my behalf.
    7)May become a partner and gain greater control of company later on, depending upon agreement with owner and enough financial investment in the company
    8)May terminate contract, but only with 2 months prior notice.


    A agrees to the following terms:

    1)Pay B immediately upon receipt of client's money
    2)Be reacheable
    3)May terminate contract with no less then 1 month prior notice or immediately for any reasonable reason such as the failure to follow the above terms "


    Of course I hid some stuff there for you. I'm "A" and the other guy is "B", I specified the purpose and the payment, which you don't see here....

    Do you think I'm forgetting any terms?

    (No, this is not the actual contract, just a rough draft of the terms I will be negotiating... I will reword it.)
     
  12. draqon Banned Banned

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    #3....may use own tools or owner's tools...


    ...that might get out of hand...
     
  13. Read-Only Valued Senior Member

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    You are really, really streching things here. Back to your original question, you HAD BETTER get yourself a lawyer!!!!!:bugeye:
     
  14. TruthSeeker Fancy Virtual Reality Monkey Valued Senior Member

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    I'm paraphrasing lawyers who I've known. You have no idea what youa re talking about, do you?

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  15. TruthSeeker Fancy Virtual Reality Monkey Valued Senior Member

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    Do you think I should say he must use his own tools?
     

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