But a CEO's statements CREATE binding contracts. He's the agent, he sets
policy. It's in the Job description.
And while Oracle can change policy going forward, if Sun set a policy in the
past, and Google relied on that policy, the best Oracle can do is say
"going forward here are the rules." Instead, Oracle wants to
retroactively change the rules.
Think about this from a contract standpoint. What Oracle wants to do is not
just cancel the contract, but retroactively eliminate it ever existing, and hold
Google liable for acting as if they had a contract that Oracle has now magically
made not exist, despite it existing.
Imagine trying to run a business where the other party in your binding contracts
can decide to totally eliminate them. Strikes me it removes two key words
businesses depend on - "binding" and "contract"
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(Note IANAL, I don't play one on TV, etc, consult a practicing attorney, etc,
etc)
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