The Worcester Business Journal has published "10 things I know about: Causing & preventing business litigation" written by AiVi Nguyen. Below is an excerpt from the article:
"10) Relying on a handshake. I cannot stress enough: Every single contractual term must be in writing. This includes provisions for all possible issues like responsibilities, termination, one of you drops dead, the building burns down.
9) Signing something without understanding it fully. Oftentimes, people are so excited about a deal they will sign documents without fully digesting the terms, agreeing to clauses much too burdensome."
Read the full article on the Worcester Business Journal website.
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