Episode 105 • Deals & Contracts

Terms
Catch
Fine print
Forge someone's signature
The deal's off the table
Story
Josh: Morning partner!
Luke: Morning, Josh! Guess what? I signed the contract to get the investors on board! We got it, Josh! We got it!
Josh: What do you mean? They accepted our terms? How did you get them to do it?
Luke: I don’t know… but we’re in. This is our big dream! We can finally make this our full time job. They’re giving us 1 million dollars.
Josh: Are you-? Are you sure? Let me see the contract they want us to sign. There’s gotta be a catch.
Luke: Here.
Josh: Okay. Alright… Luke. Did you-? Ugh. I knew that. Did you read the fine print?
Luke: Well, sorta. Why?
Josh: Here they say that they would own 60% of the company.
Luke: Wait. What? Let me see?
Josh: Well. The good news is that they need both our signatures so…
Luke: Uuuhm. I ehm…
Josh: What?
Luke: I may have forged your signature .
Josh: You did what?!
Luke: I was in a hurry. They were only giving us 24 hours to sign and you were gone! It doesn’t matter. Let’s just tell them the deal’s off the table.
Josh: You can’t just tell someone the deal’s off the table after signing a contract. That would be breach of contract!
Luke: So .. uhm… I’ll just save the champagne for another time, maybe?
[cork pops] Oopsie. Too late…