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The stages of a contract sale begin with a verbal acknowledgement. All parties involved must agree to proceed planning in details with legalities considered. Documentation is then written up, reviewed, and revised if need be so. Then it is signed by both parties.
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∙ 9y ago
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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.
What is a contract of sale of goods?
bill of sale
What are the three main stages of a contract?
PreparationPerfectionConsumation
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.
Can a sale contract be void if the name is not correct on the contract?
yes!!!!!!!!!!!!!!!!!! if a business name is incorrect on contract can it be terminated
Intention element of a contract of sale?
the intention by both parties to the contract must have the intention to enter into a contract.
When is a contract of sale considered perfecta?
A contract is considered perfecta if the object of sale has been clearly identified; the price has been determined; and there are no suspensive conditions
Where to find a sample contract for sale of vehicle?
Bill of Sale forms can be obtained from the DMV website
Does contract management strat only when contract is awarded?
Ideally, contract management should be involved from the initial stages. They can be important in clarifying deliverables and the methods of measurement and acceptance.
Do you have 3days to cancel a contract for the sale of a car?
In this state there is a 3 day period during which the contract can be cancelled.
