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Originally Posted by oracle80
How about this one?
How about the guy who has a verbal contract that says he gets a breeding right for any horse he buys the client who becomes a stallion.
Guy sells the horse as a sire to interests in another country for a chunk of change.
Agent says he wants the cash equivalent of a breeding right because the horse was sold.
Client with a straight face tells him that the agreement was a breeding right and since he doesnt own him anymore that hes not entitled to anything?
Yes, this has happened.
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I know if you work for yourself and sell, you will get screwed at some point guaranteed. I do employee benefits, mostly group health insurance. Heres's a recent true story.
I get a referral for a 90 employee firm.
I put a new plan in place, saving the guy $150k (Ann premium down from $750k to $600k). My end is 4% of $600 or $24k. I'll get paid by Humana.
I had about 150 hours in.
One week after it goes live, the guy names his nephew his "new consultant." I get nothing. Zero.
It's been 10 months. I get a call from the guy. The whole thing is f'd up. The nephew's an idiot. Asks me if I'll work on it again.
I told him yes, but he had to pay me $15k in advance every 6 months and I'd take zero from Humana. I sent him a contract. Haven't heard back. I am not holding my breath.
I know it happens, believe me I know.