I was once told that contracts exist not because of a lack of trust between the parties of a contract, but as a statement of the trust between the parties. Strange, but it seems true. Let’s imagine you’re entering into a business relationship with someone who emphatically promises you that you don’t need a contract because they’re fully trustworthy and that it would only complicate the relationship. You may see immediately where this might be problematic, but let’s pretend it’s not obvious. I...