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Old 08-06-2006, 10:46 PM
t walgamuth's Avatar
t walgamuth t walgamuth is online now
dieselarchitect
 
Join Date: Apr 2005
Location: Lafayette Indiana
Posts: 38,944
my dad used to say 90% of the business in this country is done on a handshake or verbal agreement.

at the time i was a fledgling businessman. i thought he was crazy.

now i fiind it true for me.

i actually do a huge amount of work paying folks by the hour with no fixed contract. i only do this with folks i know well and feel i will continue to do work with in the future.

on the other hand i have also had folks that i had a very detailed precise 20 page contract with who managed to scr#w me, so what counts the most is good faith. no matter how great the contract is, if not agreed to in good faith is worthless.

i have often called places up and placed orders for building materials, sometimes in the thousands of $, and had it shipped on credit to be billed. i guess they can tell i am good for it over the phone. i dont know how, but...

i do love this country too.

tom w
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[SIGPIC] Diesel loving autocrossing grandpa Architect. 08 Dodge 3/4 ton with Cummins & six speed; I have had about 35 benzes. I have a 39 Studebaker Coupe Express pickup in which I have had installed a 617 turbo and a five speed manual.[SIGPIC]

..I also have a 427 Cobra replica with an aluminum chassis.
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