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If a card was received and used by the named person then a contract is implied and there does not need to be a written, signed agreement.

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18y ago

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What is the process for getting a cosigner for a loan or lease agreement?

To get a cosigner for a loan or lease agreement, you need to find someone with good credit and income who is willing to sign the agreement with you. The cosigner is responsible for the debt if you are unable to pay. The lender or leasing company will typically require the cosigner to fill out an application and provide financial information.


Can a credit card company hold an agent personally responsible for charges made on behalf of the principal on a company credit card?

The only way is if you signed an agreement to be responsible for the card. The card agreement was first signed by an officer of the company and then added you as a authorized user. But they can't hold you responsible for any of the debt unless fraud is envolved and then you don't need to worry about the card company you will have much bigger problems.


When a vehicle is purchased on credit for a husbands company by his wife and the husband does not make the payments who's responsible?

The wife is responsible as she was the one who signed the credit contract.


Who is responsible for an escrow mistake?

The party responsible for an escrow mistake is typically the escrow agent or company handling the transaction. They are responsible for ensuring that all funds and documents are handled correctly and in accordance with the terms of the escrow agreement.


What should you look for when filling out a credit card application and choose which credit card company is the best?

Read all the fine print on the contract. If you're filling out an application online, make sure you click on links to read the terms and conditions. If you're not careful, you may end up signing an agreement to pay an application fee, a processing fee and/or an annual fee - which they'll happily charge to your new credit card and start collecting interest on immediately.

Related Questions

How an auto insurance policy is a binding legal contract?

An insurance policy in combination with the application for insurance together make a legally binding contract. The application is the acceptance of the quote along with certain guarantees made by the applicant. As long as the truth is given on the application then the application is accepted by the company and it is a bound contract. If it is later found that you lied on the application, the contract is broken and the company does not have to abide by their part of the agreement either.


What is a one year contract?

It is an agreement usually between a person and a company that you will fulfill whatever is mentioned on the agreement for a full year.


What type of contract is a business consultant agreement?

A Business Consultant Agreement is a contract between a company that desires business consulting and an independent business consultant. A basic agreement would outline the type of services performed, time devoted and payment.


How do you use word signatory in a sentence?

The CEO served as the signatory on the contract, representing the company in the agreement.


What is a written agreement between a hotel management and the hotel owner is?

A agreement is written and signed by two parties - to avoid misunderstandings in the future. A written agreement is a contract. An owner will better try to have an agreement (contract) with a hotel management company, because a hotel is to be managed and guestrooms are to be sold.


What is the process for getting a cosigner for a loan or lease agreement?

To get a cosigner for a loan or lease agreement, you need to find someone with good credit and income who is willing to sign the agreement with you. The cosigner is responsible for the debt if you are unable to pay. The lender or leasing company will typically require the cosigner to fill out an application and provide financial information.


If you were writing a letter on behalf of one company in an attempt to gain a business contract with another company which business letter would you write?

You would write a proposal, an offer of an agreement or contract.


I am unhappy with our property rental company can we keep your tenants and finish with the rental company?

You need to review your contract to determine if you can end the agreement.


Who may be held responsible for the actions of an agent regardless of the agents contract with the company?

The company (the insurer) may be held responsible for the action of its agents regardless of the agents' contracts with the company.


Is it legal to sell a customer mailing list?

It depends on the contract (sometimes called the Terms of Use or End User License Agreement) that the customer signed and agreed to. If that agreement (which is a binding contract) says that the company can sell information given to them, it is perfectly legal. If the contract says that the company cannot sell customer information, then doing so would be a breach of contract.


What is the difference between a partnership and an operating agreement?

The difference between a partnership agreement and an operating agreement is that in the partnership agreement is set up for all owners or partners to be responsible for the company. The operating agreements differs in the fact that the agreement is for the person or people in charge of the operating requirements for the company.


Are the answers to an insurance application considered a warranty?

No, the application is an application so therefor the answers to the application are just that. Once a policy is issued it is not a warranty but a contract. If you pay your premiums then the insurance company is contractually obligated to pay your claim in accordance the the specifications in the contract (policy)