Did you know that when Judge Judy wants to see the contract, it's serious business? Contracts are crucial legal documents, defining agreements between parties. Whether it's for a loan or a services agreement, having a clear contract can protect all involved parties. Make sure your contracts are thorough and understood by all parties involved to avoid disputes in the future! #JudgeJudy #LegalMatters #Contracts101#ProtectYourself#DocumentEverything#BePrepared✍️
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00:00and that in March of last year, he asked you for a loan.
00:04What was the loan for?
00:05To pay off debts that were incurred
00:08during the time he wasn't working.
00:11He didn't have steady work,
00:12and they were speaking of eviction, and...
00:16How did you meet them?
00:17I was a direct supervisor of the defendant's family.
00:21And I was a direct supervisor of the defendant's family.
00:24And I was a direct supervisor of the defendant's family.
00:27I was a direct supervisor of the defendant's wife, Paula.
00:31And we became very close friends and started hanging out.
00:35Do you still work with her?
00:36No, I don't.
00:37Do you still work at the same place?
00:39No, I don't.
00:40When did you leave?
00:41I left in August of 2018.
00:44How long had you worked there?
00:4513 months.
00:46Are you working now?
00:47No, I'm not.
00:48How are you supporting yourself?
00:50I am actually...
00:51I've been offered a position, a director position,
00:54so I'm getting work within the month.
00:56Now, can you show me proof that money exchanged
01:00between you and Mr. Mortensen in March of last year?
01:04Can you show me proof that money exchanged
01:08between you and Mr. Mortensen in March of last year?
01:11I cannot show you proof, but there was money exchanged, yes.
01:16Well, I have to see proof.
01:17How much money was exchanged?
01:19Actually, $5,000.
01:21I have to see proof where you took that money from.
01:24I do have that.
01:25I do have the records of the bank statements.
01:28Oh, I'd like to see it.
01:29Okay.
01:39What did she give you the money for, Mr. Mortensen?
01:42This is never a loan, Your Honor.
01:44Shut up!
01:45That's not what I asked you.
01:45That's what I'm here to determine.
01:47Okay.
01:48What did she give you the money for?
01:49As an investment.
01:50Explain it.
01:51We run a race team.
01:52She wanted to invest the money into the race team
01:56and she would get 25% of the winnings
01:58from each race that we ran that year.
01:59And that you did for a living or you did as a hobby?
02:02We do hire drivers, yes, ma'am.
02:04Okay, you hire drivers, which means you have a business.
02:07Yes, ma'am.
02:08And when one has a business, one has contracts.
02:10Correct.
02:11Do you have a contract with your drivers?
02:13I do.
02:15I'm just asking, you have a contract?
02:16Yes, I do.
02:17I have contracts with each driver, yes, ma'am.
02:19And when you enter a race,
02:21you also have a contract with the racetrack.
02:23Yes, we sign, yes.
02:25You sign a contract?
02:26Yes.
02:27That's what people do when they make an investment.
02:29So I'd like to see proof that you have
02:31that instead of giving you money to pay your bills,
02:34because you had been out sick for a while, according to you,
02:36that there was an investment made
02:38with a 25% return guaranteed.
02:41I would like to see that contract.
02:43And there was never a contract?
02:44Of course not.
02:47Of course not, because that's what people do.
02:49I mean, if you went to a race,
02:51you hire somebody as a driver, you sign a contract.
02:55You don't have to agree with me.
02:56Oh, sorry.
02:58When someone invests in your business, $5,000,
03:01what you do is you sign an agreement
03:03in exchange for 25% of the next 10 races,
03:06I'm giving you $5,000, then you have a contract.
03:09Otherwise, you're just reneged on a loan.
03:11Judgment for the plaintiff
03:12in the amount of $5,000, we're finished.
03:14We'll be right back.
03:15We'll be right back.
03:16We'll be right back.
03:17We'll be right back.
03:18We'll be right back.
03:18We'll be right back.