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Diogenes Lamp by Ray Leary
As adults over 21 years old, we understand of what a contract is composed. It is a document that specifies what each party to the contract will fulfill to the other parties signatory to the contract. Typically there are some penalties for failure to execute the performance metrics identified that each party must abide by. Some examples of these penalties is that if only 75% of the contract is completed, then only 75% of the formerly agreed to payment will be made. If the product or service fails to produce a guaranteed result or fails to meet performance standards agreed to in the contract, the party failing to meet the standard must mitigate the failure or be subject to non-payment for the service, or a percentage of the agreed upon payment will be withheld. There could be civil or criminal prosecutions for failure to perform. ....

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