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Bill of Sale is not a contract. It is however just a receipt. Typically used when buying/selling a used car from/to a private party. It's a documented agreement that both parties understand what is being sold/bought and at what price and date. It's really just for your records as well as proof to the DMV for when you have to pay taxes on the purchase to have it registered for tags

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Q: Is a bill of sale the same as a contract?
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What is a contract of sale of goods?

bill of sale


Can you get a refund from a used car vehicle after you signed the bill of sale?

Most states allow for a 72 lower grace period after the signing of any contract. A bill of sale is considered a contract.


Where to find a sample contract for sale of vehicle?

Bill of Sale forms can be obtained from the DMV website


Can contract of sale be cancelled because of fraud?

Certainly fraud is capable of voiding a bill of sale. The circumstances have to be provable in a court of law.


Can you distinguished Contract of Sale from contract to sell?

Contract to sell is an executory contract while contract of sale is an executed contract.


What is the difference between contract of sell from contract of sale?

"Contract of sell" is just "contract of sale" misspelled.


Can you back out of a car deal after the bill of sale has been signed?

Generally speaking you cannot back out of a car deal after the bill of sale has been signed. Some car dealers will allow you to, but this is seen as a contract once it is signed.


If you sign a bill on sale but did not pay anything is the contract binding?

If you signed a contract to buy the car, it is legally binding. That fact that you have not parted with any money is a mute point. You signed the contract, and that is all that matters. Ask the seller if they will release you from the contract and be very nice about it.


Can a physician bill your insurance more than you normally pay out of pocket for the same service?

Yes, he can. What he bills the insurer is based upon the contract he has with them. He does not have the same contract with you and can charge you differently.


What are the relevance of capacity to contract in a sale of goods contract?

if one of the parties does not have the capacity to contract there will be no contract formed


What is a foreclosure under contract?

That means a lender has executed a purchase and sale contract on a property it owns by foreclosure and a sale is pending.


What is the contracts of sale of goods?

contract of sale of goods 'a contract whereby the seller transfers or agrees to transfer the property in goods to the buyer for a price'A contract of saleis a legal contract an exchange of goods, services or property to be exchanged from seller (or vendor) to buyer (or purchaser) for an agreed upon value in money (or money equivalent) paid or the promise to pay same. It is a specific type of legal contract.NAEEM SHAKIR PIA