Contingent contract - Deepstash
Contingent contract

Contingent contract

In essence, a bet about how future events will unfold.

Works best when negociations get stuck because of disagreements on how certain scenarios will play over time.

E. g.: if you doubt a contractor’s claims that he can finish your home renovation project in 3 months, propose a contingent contract that will penalize him for late completion and/or reward him for early completion.

311

715 reads

CURATED FROM

IDEAS CURATED BY

harleyjj

Deep thinker. Like talking about the world, religion and politics.

The idea is part of this collection:

The Startup Masterclass

Learn more about personaldevelopment with this collection

How to start a successful business

How to build a strong team

How to market your business

Related collections

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates