To enter into a contract means that we have an understanding of what we expect of our counterparty, and what is expected of us. It can be useful to be clear to other people what we would like them to do, so they do not waste their time, if they fail to meet their end of the bargain then there is less reason to work with them again and they have suffered a reputational loss.
If someone fails to meet their contractual 'obligations' to us we have no reason to retaliate with force, they have not been aggressive and so they have not committed a crime. It is better (closer to reality) to have the hope that they will do as we wish as opposed to the expectation of such. Our employer has no obligation to give payment to its staff as failure to do so is not an active crime. No one has any obligations to you.
Friday, 5 November 2010
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