Reasons Behind Breaking Agreements
Why Do Agreements Fail?
Agreement May Fail When One Side Feels Hard Done By And React
Agreements May Fail When One Side Feels They Were Cheated
Agreements May Fail When One Side Feels They Were Forced Into Agreeing
have said agreements are broken when people feel hard done by, felt
cheated or were forced into accepting the agreement. We must say here
that there are of course other reasons, which we did not look at. The
other party might just break the contract because they do not have
respect for contracts, another new development might make the content of
the contract either irrelevant or unattainable for one of the parties
and rather than call for a re-negotiation, they decide to break it. it
could be anything but we focused on the three above so the effects will
be based on these three.
They Start Showing Lack Of Commitment To The Terms
contract may demand that they do some things on a regular basis. You
might start getting a situation where they start showing a marked lack
of commitment to the contract. How soon they start showing this may
depend on the depth of their disenchantment or grievance.
They Start Looking For Loopholes
might secretly hire lawyers to do this especially if they feel cheated
or forced but it actually applies to every case. As long as they start
feeling disenchanted, looking for loopholes in the agreement starts
Likelihood Of Litigation Looms
likelihood of litigation becomes high when they are disenchanted as
they look to challenge the agreement in the courts. This is the biggest
effect of having any of the feelings we mentioned in the first part of
Tips To Having An Enduring Agreement
Consider The Possibility Of a Mutually Beneficial Agreement
would work to having a more enduring agreement if it is mutually
beneficial. You will have to realize that concessions to the other party
that do not add real value as such may even quicken the breaking down
of the agreement rather than holding it together. You must be able to
give concessions in areas that will be profitable for the other party
for them to consider the contract in an enduring manner.
would be hard for them to want to break it if it adds the kind of value
they want. This is what a mutually beneficial contract does to both
parties. However, not all contracts can be mutually beneficial no matter
how you might want it to be but this would serve to prepare you.
Consider The Possibility Of Including An Improvement Clause
contract can have a clause that will kick in if certain benchmarks are
meant. This would serve to keep the other parties focused on getting
something better rather than on what they have on hand which they are
not satisfied with.
This kind of clause could work wonders.
- It gives them hope
- It gives them a chance to make more
- It gives you an assurance of continued commitment on their part
- It might also increase your profit
improvement clause could be tied to results or time. It could be tied
to both or any other thing but you should make sure that it stays
consistent with the purpose of having an enduring agreement. If you set
an improvement clause that looks unattainable, it might backfire and
cause the agreement to capitulate faster than it would.
Consider The Possibility Of Including A Get-Out Clause
get-out clause gives the other party something to look forward to as
they put pen on paper. They may not be entirely happy with the contract
but since it is tied to time or achievement, which they can use to
escape it, the contract might look more attractive. Besides, you would
be achieving the purpose of having them stay through the duration of the
A get-out clause will also show your
sincerity. This is an example of a concession, included in the contract
terms that will give the other party a sense of comfort and assurance
that they have not been forced or cheated into signing the agreement.
after an agreement has been signed is not something that both parties
would jump in lightly. It would cost them money and this could be the
least thing it would cost them. Avoiding litigation because of the
breakdown of an agreement is something any business owner would want to
do. They can prevent it by taking simple steps that have high impact on
how the agreement will go.