0
What else can I help you with?
Is a sales agreement binding if your wife puts your name on the credit application but you never signed it?
Absolutely, positively, not. Find out what car dealers don't want you to know at www.dealertricks.com Sales agreements are not binding to any party however sales contracts are. You are not legally bound if you did not sign the sales contract. Consequently you may have a credit inquiry on your record that you did not request.
When does a sales contract come into existence?
A sales contract comes into existence when there is an offer by one party and an acceptance by another party, along with consideration (usually payment) exchanged for the goods or services. Both parties must have the legal capacity to enter into a contract, and the terms must be clear and definite. Additionally, the contract must be for a lawful purpose. Once these elements are satisfied, the sales contract is legally binding.
Distinguish between domestic sales contract and export sales contract?
Domestic agreements are not intended to be legal binding Commercial contracts are intended to be legal binding
Who are prohibited to give a consent in a contract of sales?
The question is not worded too clearly - but - minors are legally incapable of givng consent to any sales or contract of obligation.
What is an express contract?
An express contract is a legally binding agreement in which the terms are clearly stated and agreed upon by all parties, either verbally or in writing. This type of contract explicitly outlines the obligations and rights of each party, leaving little room for ambiguity. For example, a written lease agreement or a signed sales contract would be considered express contracts. The clarity of these terms helps to enforce the contract legally should any disputes arise.
What is an agreement between two parties?
A contract is a legally binding agreement between two or more parties.
What is a bond for title?
Property sales contract which is mutually binding on both parties, where the title remains with the seller until the purchase price is paid by the buyer. Contract to convey title once certain contract terms are satisfied.
What is private contract?
A private contract is a legally binding agreement between two or more parties that outlines specific terms and conditions related to a particular transaction or relationship. Unlike public contracts, which involve government entities and are subject to public scrutiny, private contracts are typically confidential and governed by the principles of contract law. They can cover a wide range of subjects, including sales, services, and employment, and are enforceable in a court of law if disputes arise.
In the state of Arizona how many days does a person have to legally cancel a written and signed contract?
You have three business days to cancel a contract if: The sale was solicited in the consumer's home; or A gift was offered for attending a sales presentation that led to the contract; or A consumer's primary home is used as security and the loan is not used to purchase or construct the home. Otherwise, a signed contract - for a car, an item or a service - is legal and binding in all 50 states in the U.S.
Can I Cancel an auto contract in Texas?
In Texas, you generally cannot cancel an auto contract once it has been signed, as these contracts are legally binding. However, you may have options if you can prove misrepresentation, fraud, or if the dealer violated Texas laws regarding auto sales. Additionally, some dealerships may offer a "cooling-off" period or allow returns under certain conditions, so it's best to review the specific terms of your contract and consult with a legal expert if needed.
When a buyer agrees to buy and the seller agrees to sell they both sign a contract called?
When a buyer agrees to buy and the seller agrees to sell, they both sign a contract called a purchase agreement or sales agreement. This legally binding document outlines the terms and conditions of the transaction, including the price, payment methods, and delivery details. It serves to protect the interests of both parties and ensures that the terms are clear and enforceable.
Is a deal made over the phone with a used car dealer a binding contract in the state of Missouri?
NO. The state of Missouri requires a formal contract in writing with authorized signatures, a verbal agreement or contract regarding car sales in normally not accepted. This also applies towards repairs warranted by car dealerships and repair shops.
