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Signing a Business Contract? A Checklist for Greater Peace of Mind, by D. C. Toedt
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Checklists help professionals do their jobs with greater confidence and peace of mind. To name but one example, pilots are trained to use checklists when they perform their final pre-flight safety inspections, even after they’ve had many years of experience. You may have read other examples in the best-selling book, The Checklist Manifesto, by Harvard Medical School professor Dr. Atul Gawande.
Signing a Business Contract? provides a quick five-point checklist to help you conduct your own final ‘pre-flight’ inspection of the document that will help govern your business. The author, a top-rated attorney, shows you how to spot language that could cause your contract to have ‘in-flight difficulties’ or even to crash and burn. You’ll read heads-up alerts, in plain English with real-world examples, about crucial points such as:
- how to sign your name to a contract to make it clear that it’s the company, not you personally, that will be responsible for the contract obligations;
- how to date your signature to keep prosecutors at bay, avoiding allegations of fraud of the kind that have sent several prominent executives to prison in recent years;
- how to steer clear of unlawful contract terms that can lead to fines and even jail time;
- how to recognize eleven kinds of contract provision that could cause serious trouble for your business if the other side included them in your agreement — or if it left them out.
The author, D. C. Toedt III, has drafted, reviewed, negotiated, and occasionally litigated, hundreds of contracts in his legal career. A Houston attorney also licensed in California, he holds an “AV” (highest) rating in Martindale-Hubbell’s peer-review survey. As an adjunct law professor, he teaches advanced contract drafting to upper-level students. Toedt was a partner and member of the management committee of one of the nation's largest intellectual-property law firms; he then joined one of his clients, a publicly-traded software company, as vice president and counsel, serving there until the company's successful "exit." He was the lead author of a legal treatise on computer software law; in law school, he served on the editorial board of the law review. Between college and law school, Toedt served his ROTC scholarship payback time as a U.S. Navy nuclear engineering officer, where he received some of his first lessons in the value of checklists. For more information, see http://www.dctoedt.com/about.
SUMMARY OF CONTENTS
A final pre-flight checklist for greater peace of mind
Personal liability
Unlawful contract practices
Dangerous clauses
Signature authority
Nah, don't read the contract (not!)
* * *
The next time you put your name on the line (both literally and figuratively), you’ll want to have read this guidebook. And if you’re responsible for supervising someone who’s new to signing contracts, you’ll definitely want them to have read it too.
- Sales Rank: #2071194 in eBooks
- Published on: 2011-03-20
- Released on: 2011-03-20
- Format: Kindle eBook
Most helpful customer reviews
0 of 0 people found the following review helpful.
Before you sign a contract, read this book.
By Lynne Sears Williams
This is a great, easy to read guide on what to know before you sign a contract. D.C. Toedt has done a masterful job of showing what business managers and executives need to know before they sign away every cent they've earned. I have a law degree but am not a specialist in Intellectual Property. D.C. Toedt is. Read it; you'll be grateful.
0 of 0 people found the following review helpful.
Good Primer outline
By CT Vince
I walked through this in less than fifteen minutes. Not for someone with experience in contracting but probably best oriented to the novitiate. A good departmental primer
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