Started By
Message
re: Dan Mullen contract extension.
Posted on 2/27/15 at 10:27 am to Tornado Alley
Posted on 2/27/15 at 10:27 am to Tornado Alley
quote:Wrong
Don't know what the right length should be but 10 is too long
Wrong.
Civil law > common law.
Common sense > civil law > common law
Do you want to lock into a price for a drug for 10 years when the FDA patent protection rolls off after 7? Do you want to lock into prices for commodities that fluctuate with oil prices?
1
Posted on 2/27/15 at 10:29 am to Diamondawg
quote:
Do you want to lock into a price for a drug for 10 years when the FDA patent protection rolls off after 7?
If you have a good lawyer, you can get out of this. Maybe toss in an option contract or two to leverage your purchase, bud.
Simple solutions to simple problems.
Also, I'm saying that ten years is the maximum allowable term by law. It's not the required term, it's just the longest the state legislature will allow you to enter into a sales contract.
At least you admit that the civil law > common law
This post was edited on 2/27/15 at 10:31 am
Page 1 of 1
Popular
Back to top
Follow SECRant for SEC Football News