Much like words, contracts are supposed to mean things.
There is a big ‘BUT’ here. It is the fact that if you are a business that has accepted bailout money you have basically nullified any and all of your contracts.
When a contract is signed, the terms are supposed to set and the agreements are supposed to be binding. If the government comes in and bails a business out, that gives the government right to tell the business to renegotiate contract.
So what is in a contract could depend on what the government says it is.
There is a big ‘BUT’ here. It is the fact that if you are a business that has accepted bailout money you have basically nullified any and all of your contracts.
When a contract is signed, the terms are supposed to set and the agreements are supposed to be binding. If the government comes in and bails a business out, that gives the government right to tell the business to renegotiate contract.
So what is in a contract could depend on what the government says it is.
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