The Myth of Ironclad Contracts

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The Myth of Ironclad Contracts

In business law we often here the term “ironclad,” as in, “I need an ironclad contract,” or, “This clause is ironclad.” Or even, “There’s nothing so-and-so can do because their contract is ironclad.” What this usually mean is that the person is completely, 100% protected from liability.  It can happen sure.