best free ringtone maker windows phone 8.1 2016 2015

Michal Shur-Ofry and Ofer Tur-Sinai refer to this approach as “constructive ambiguity,” and find that in certain contractual areas and transactions a limited degree of flexibility and ambiguity can be more efficient than the often futile and imperfect attempt to predict every detail that will arise in a complex commercial arrangement. The common law provides a number of flexibilities that enable parties to rely on concepts like reasonable efforts, promptness and good faith as default regimes that can fill gaps in detail that the parties did not reduce to writing at the time of execution. Failing to do so can, and often does, lead to disagreements down the road.īut not every detail needs to be specified in a contract, particularly when the parties already have a good working relationship. Delivery schedules, payment amounts, acceptance criteria and myriad other details must be negotiated and recorded in an agreement before it is signed. Detail is, of course, critical in complex commercial arrangements. Some lawyers feel the urge to specify every detail of a commercial transaction to the nth degree. Thus, the diligent attorney must approach every agreement clause with care and attention to the specific transaction and client at hand. It is a mistake to assume that the current deal will be exactly like the last deal. The parties have different needs, desires and sensitivities. Every IP licensing transaction other than the most routine consumer-facing nonexclusive licenses is different. Yet, it is also important not to rely too heavily on precedent documents.

Thus, it is both natural and efficient to rely on prior examples when beginning to draft a new agreement. One would be foolhardy to attempt to reinvent the wheel with each new agreement. Almost all agreements are based, at least in part, on forms, templates and precedents, of which there are vast troves to be found in online databases, law firm files and even the publicly searchable EDGAR database maintained by the Securities and Exchange Commission. Today, it is seldom the case that one sits before a blank computer screen to begin drafting a new agreement.

Best free ringtone maker windows phone 8.1 2016 2015