Freedom of contract includes the risk to make a bad business decision.

May 9, 2011

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95 ContractsLiberty to contract carries with it the right to exercise poor judgment as well as good judgment; it is the simple law of contracts that as a man consents to bind himself, so shall he be bound.
Sylva Shops Ltd. P’ship v. Hibbard, 623 S.E.2d 785 (N.C. Ct. App. 2006)

Suggested by Harry Steinberg, attorney; Lester Schwab Katz & Dwyer, LLP: New York, NY