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If you accept an offer of a sale but are unable to establish a letter of credit with the bank have you broken a contract?
Wiki User
∙ 15y ago
That depends you need to ask you bank because it may depend on your credit
Wiki User
∙ 15y ago
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Can you offer credit card companies new contract and by cashing check they have to accept terms?
You can but it won't work. You don't get to trick someone into a contract.
How does a business begin the process to accept credit cards?
First off, you should set up a merchant account. This can be done with your local bank and will establish you, the business owner, as a verified merchant who can accept credit cards. With a merchant account, you'll also have to pay a transaction fee for every card you accept.
Do revolving store accounts require signing a contract?
Yes. When applying for a store card (or a credit card), the signature on your application implies agreement to the contract between you and the lender if the decision to extend you credit is made. Also, if you use the card, there is language in the Terms and Conditions section (fine print, the contract) which states that your use of the card implies you will accept the contract.
How do you establish credit for the first time?
The best way to establish credit is to start with a secured card. With a secured credit card, your regular payments will be reported to the credit bureaus.
How do you get a credit card when you are a minor?
Your parents or legal guardians can request one for you. As a minor, you can't get one yourself as you don't have the legal authority to accept the contract terms.
If you dont have credit history how are you going to get a credit card to establish credit?
year
How do I get my business to have credit?
You need to spend to establish credit. The general steps are to establish your entity, open a bank account, secure a credit card, and begin establishing credit through purchasing.
Do you accept care credit?
WikiAnswers is a free website. We do not accept any credit cards at all.
Do you accept all credit cards?
no you do not accept all credit card some must be a lie.
Would cosigning for your son's apartment rental agreement be viewed the same as cosigning for an actual loan when applying for future credit assuming all payments are made on time?
Co-signing means that you accept 100% financial liability for the contract in question. The manner in which the contract is adhered too has equal impact on your credit.
If a resident is forced to vacate a Government- subsidized apartment due to broken plumbing should they be given financial credit for the rent paid in advance for the weeks they could not live there?
The answer to your question should be spelled out in the contract. If the contract is a standard government contract with standard clauses, the answer is probably yes.
What is a credit risk when entering into a derivative contract?
Credit Risk. Credit risk or default risk evolves from the possibility that one of the parties to a derivative contract will not satisfy its financial obligations under the derivative contract.
