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Why be verified?
As you'll know, verification is actively enforced on PayPal as a security measure as well as a trust enhancer. Working with a verified payer means you won't have to worry too much about dealing with a rogue trader. However, another thing you should check out is how much activity they have. If they have (0) next to their name, this means they've probably just got verified. If there’s more, then that's always a good sign.
Remember – if they're verified, you'll get a higher score in the brackets, which also aids trust.
Being verified brings advantages that are two fold. If you're verified yourself, it's something you can drop in when you're enquiring about how you'll get paid. As already stated, it'll enhance trust and aid your professional image.
Why should you be contract wary?
Signing contracts should be something you take seriously - especially if they require you enter your address and extended contact details down in there too, such as your telephone number.
Usually if you're asked to sign a non-disclosure agreement (NDA) you'll be asked to provide all of the aforementioned credentials, which means if you break it, there might be a chance you'll have an angry man knocking on your door (perhaps with a hammer, more likely with court papers) if or indeed when they find out. Simply, don't disclose what you're not allowed to. You're not working for the secret service, but you've got to respect your client's wishes.
Contracts stating payments are also big ones to look out for. Make sure you read through them carefully, looking for clauses saying "payment is subject to change" or where they prefix the words "maximum" in front of the sum. If you're not sure what the legal stuff is talking about, don't be afraid to ask: you don't want to get into something that'll potentially be a waste of your time.
Make sure your client's address is on the contract, or at least make sure you have access to it. That way, if anything goes wrong down the line, you'll have a point of contact, or an address to list when you're taking them to the small claims court when they don’t pay up.
If you sign a contract, it's legally binding. That means you can't just change the terms with no prior notice or without the other parties consent.
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