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How to Avoid King Charles’ Fishy Mistake in Your Business Deals

old business contract in scroll formOnce upon a time, a Prince Charles lived in exile while the Cromwells ruled England. Having enjoyed his time in Belgium, Charles repaid the country for their help when he took the throne.

Perhaps the king had a moron for a lawyer. Or his legal counsel was too afraid to question the king’s decisions.

Because King Charles II signed an agreement in 1666 that gave Belgium the right to have 50 fishermen use English waters “for eternity.”

Let’s just say that “eternity” is not something you typically want to include in your business contracts.

Because 300 years later, the Belgian government demanded England honor the contract. And the British gave in because it was a binding agreement.

In fact, there’s a Belgian politician going on TV these days to show the agreement. He’s taunting the British with it.

Of course, you might wonder how this applies to your business.

Here’s what’s important to know…

Part of running a company (or a country for that matter) is having systems in place that serve your interests.

And one of the first places to start is to get an experienced business lawyer to prepare contracts that help you succeed.

Because even if the term isn’t for eternity, it can seem like forever if you’re stuck in a bad agreement that’s costing you time and money.

And with the holidays about to kick in, now is the perfect time to get your business set up to start 2021 on the right foot. If you need a new contract prepared or an existing agreement improved, let’s talk.

Mike Young, Esq.

Author Mike Young, Esq.

Mike Young has been practicing business and technology law since 1994 and is an angel investor in startups. He's been an entrepreneur since 1988. To get legal help from Attorney Young, click here now or call 214-546-4247 to schedule a phone consultation.

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