A lawyer friend of mine one told me that his job was basically to try to see what he could sneak past the opposition's (his sentiment, not mine) lawyers in their contracts. He explained contracts are like a running game of tag for lawyers. "If they don't read it, fuck 'em". He also said that all contracts are mutable. Just strike in red whatever you want, sign it, and send it back. If they don't object (for whatever…
This is essentially how all business works. When I got my first job before I went to university I was very surprised to learn that accountants always pay invoices on the very last day of the terms rather than as soon as they can. Since everyone else is going to pay you as late as they poassibly can, if you pay your invoices as soon as you can you'll lose out in the long run. The way everyone tries to get slightly mor…
A lot of commercial invoices have payment terms like "2/10, net 30" meaning you can take a 2% discount if you pay within 10 days. The cost of not taking this deal is an effective 35% annualized interest rate, so it's a big incentive to pay early, assuming your cash flow allows it.