How do you view contracts? Many people seem to view contracts as the basis upon which they might sue the other party should there be a breach of the agreement. But Martin Ramsay sees it differently. He make the case in this video blog that a contract is actually an opportunity for transparency. By putting down on paper, with as much clarity as possible, what both parties intend to bring to the business relationship, participants in a contract can come to a much better understanding of their expectations of each other.

A contract shouldn't be seen as a method for legal action, but as an opportunity for clarity and understanding.



Be sure and check out Martin's previous blog entries.

Sponsored by CEATH Company.

Tags: risk, principles, integrity, purpose, people, personal responsibility