Question
You own a public relations consulting business and have a close friend who is opening a bicycle shop. To promote his new business, he wants
You own a public relations consulting business and have a close friend who is opening a bicycle shop. To promote his new business, he wants you to develop signage and a logo, produce television and radio ads, and establish an interactive website. This will be a $15,000 project. However, your friend is adamant about not signing a contract and says, "We are friends! No need to get lawyers involved; we trust each other." Being familiar with contract law, you know that since you are providing a service rather than selling physical goods, an oral contract will be valid for amounts over $500. However, you know that your friend gets busy at work and might forget the exact terms of your oral agreement. What step or steps might you take to protect yourself from a future disagreement without a formal written contract?
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