Tuesday, March 31, 2009

Rewriting Contracts Now Seen As Acceptable


Contracts are nothing more than a "written" understanding between two parties at the time of the execution. If both parties agree, they can amend it according to their new/changed mutual understanding. However, unilateral change to a contract poses an existential threat to the modern-day Western tort law and its arbitration - Toto, we're not in Kansas anymore!
About The Bailouts
Read the Article at HuffingtonPost

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