If it wasn’t already clear, contracts are crucial. They are designed to protect your particular interests. That said, each transaction is different and each agreement should reflect the specific intent of the parties. And still we see so many entrepreneurs cut and paste agreements they find online and use them as if they were written for their transaction. This, of course, can quickly defeat the purpose of having a contract to begin with. This brief overview explains the issues.
Why You Should Never Cut & Paste Your Contracts