Sanctity of Contracts

Posted on: February 25th, 2021 by

Michael L. Kreager

Sanctity of Contracts by: Michael Kreager

Contracts are unpleasant but necessary. Every medical practice has contracts: employment contracts, office and equipment leases, equipment and software maintenance agreements, supplier and vendor agreements, patient agreements, buy-sell agreements… In a contract, each side promises something in exchange for the other side’s promise. I promise to make your office available in exchange for your promise to pay rent. Or I promise to work for you if you agree to pay me a monthly salary.

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