Common Law Agreement Between Friends

We also acknowledge that your profit sharing for this project is 1,600,000.00 USD. In the transitional agreement, USD 600,000 of this amount is paid by the agreement of the successor companies (in paragraph 14). It is difficult to say anything else. Few plaintiffs in court successfully argued that their business agreement was invalid because the parties did not intend to create legal relationships. The policy of the law is always to enforce trade agreements, not to beat them without good reason.

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