The fact is, there are still people who trust each other well enough to
enter into such agreements with little or no legal protection. And it
doesn't just happen in cow towns like Iowa City.
"Cow town"? Look, when I lived in Wisconsin, that was applicable.
Here in Iowa, this is PIG country -- get it right, dammit.
;-)
Now, as to whether or not I'm getting this machine "at cost" or not.
This is a gentleman's agreement, little more than a "Hey, that's a cool
idea -- I can help" kind of thing. There's no implied contract (other
than the fact that I'm paying him "x", and he's agreed -- in writing --
to deliver "y") for anything.
If I don't put signs up touting his business, he has no recourse. If
he sells me parts at retail (instead of wholesale), I have no recourse.
Neither of us cares. Both of us are happy. Both will profit. That's
the way we do things in Iowa.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"