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Contracts and toll positions...!
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Many toll positions can be enforced through contracts... For example, take an exclusive distribution agreement. I believe Joe Cossman gave the example of one of his students, who took a product (some kind of plastic wheelbarrow? My memory could be faulty) from Europe, and got the exclusive North American distribution rights. That means nobody could sell that product in North America apart from him. That's a toll position enforced by a contract... I've often felt it is useful to know a good lawyer because of this! (Or to be one...) The other place it's good to know about contracts is when paying people for a "work for hire" - such as for artwork, or for writing. You want to ensure that, in the contract, you own the copyrights, and any other rights that could restrict what you do with the work in the future! Otherwise, it could hamper your future business... Great point! Best wishes, Dien
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