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26 Nov 2018

Should contracts induce fear?

'It's not scary enough.'\r
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That was the comment by the legal team at one major corporation following a contract simplification exercise. They were concerned that the absence of intimidating language and the abandonment of traditional legal design made the document 'too friendly'. In their view, it is important to induce a sense of fear in the counter-party as an added incentive to performance.


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