I say the answer is none. If you want to protect yourself from the bad guys in business, then a) don't be a bad guy, and b) do business with people you trust. Contracts and agreements should be one (maybe two) pages and include a clear statement of the work to be done and the payment arrangements. Today's litigious business environment, and the sarbanes oxley regulatory communities would vehemently disagree, but if you stick to this principal, you will avoid the unnecessary costs for both parties.
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