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you show proof it was canceled back then!

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โˆ™ 2005-11-30 10:23:29
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Q: What can you do when you cancelled a contract just days after signing and 5 years later you are told it was not cancelled and you are delinquent?
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Can one be forced to sign a contract after the fact?

Understand that I am not a lawyer. However, just today, I watched an episode of "Judge Joe". During this show, there was a case addressing this same question. The case was a man who received a loan from another man, and a year later signed the contract.The upshot of the decision was 1) The defendant had no obligation to sign the contract, 2) The defendant signed the contract of his own free will, and 3) Because of the agreement/contract, the plaintiff was entitled to satisfaction with or without the defendant having signed the contract.I don't remember the term the judge used, but the signing of the contract after the fact is legal, but not required.

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A void agreement refers to the agreement that can never be enforced. The parties are usually not entitled to the benefits signed during the contract. A void contract on the hand refers to the contract that is enforceable when it is made. It however becomes unenforceable later on.

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Answer:Non-cash transactions are transaction where no cash is involved. Signing a lease contract, granting options, accrued expenses (expenses are incurred, while actual cash payment is later) are examples of non-cash transactions.