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It is not worth the paper it is written on unless it is backed by the kind of force that will make the other side consider the penalties too heavy to break the agreement.
One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors.
After the Civil War, when blacks fought along whites to secure freedom for all, southern states enacted Black Codes, laws that restricted the civil rights and liberties of blacks. Central to the enforcement of these laws were the stiff penalties for blacks possessing firearms.
Gun owners and non-gun owners alike agree on expanding background checks, making gun trafficking a serious crime with stiff penalties, making it illegal for all stalkers and all domestic abusers to buy guns, and expanding mental health resources so the mentally ill find it easier to receive treatment than to buy firearms.
Cats know how to obtain food without labor, shelter without confinement, and love without penalties.
F1 is giving penalties for people making mistakes instead of for people driving dirty. And that is wrong. Mistakes happen. You run into each other: that's life, that's racing, and too bad.
Most successful pundits are selected for being opinionated, because it's interesting, and the penalties for incorrect predictions are negligible. You can make predictions, and a year later people won't remember them.
If we want corporations to act differently, we have to force them to do so through laws that are fully enforced and through penalties higher than the economic benefits of thwarting the laws.
The members of such a society consider that the transgression of a religious ordinance should be punished by civil penalties, and that the violation of a civil duty exposes the delinquent to divine correction.
No other offense has ever been visited with such severe penalties as seeking to help the oppressed.