Yes, a signed piece of paper can be legally binding in a contract if it meets the necessary requirements for a valid contract, such as offer, acceptance, consideration, and intention to create legal relations.
Also note...the ORIGINAL purchase order for the bike is not signed by us or the dealership, would this make it a legally binding contract if we only signed an application and not the purchase order????
A written contract is an agreement written on paper by 2 or more people that is then signed by each person and is considered to be binding.
A legally binding document is one whose terms can be enforced by a court of law. An example is a marriage certificate and a contract.
Absolutely not. Unless it is a signed paper it will be difficult to enforce.
Simple answer: There is no such thing. Contracts MUST be written and signed by bothparties to be legally binding. There is an old saying, "A verbal contract is as good as the paper it is written on."
Not unless they've signed something legally binding. They can change their mind before moving in if the've not made a committment on paper. Only held responsible if they signed a lease. If nothing is signed, better hurry up and find another roomate.
What Mlb does is they brand the contract on the players ass cheek.
Typically, for a contract to be legally binding, there must be an offer, acceptance, consideration, and intention to create a legal relationship. In this situation, without any agreement or clear terms attached to the signature, it is unlikely to be considered legally binding. However, it is always best to consult with a legal expert to understand the specific circumstances and applicable laws in the jurisdiction.
That would be up to the individual dealer. but when you sign a contract you own that vehicle. and it also depends on what paper you signed.
E-cheques are mode of electronic payments, and work the same way as paper cheques and are legally binding promise to pay.
Yes all contracts are agreements but all agreements are not contracts. Only those agreements are contracts which can be executable by law and those agreements which cannot/impossible to execute by law is not a contract. For e.g A agreed to pay B if C default payment is a valid contract. where as A agreed to pay B if B do a favour which is illegal is not a contract.
There are a couple of answers. If you are talking about a Purchase Order or Proof of Sale, then you can give it back with no money exchanging hands. But if your talking about a Bank Contract, then no, it is binding the moment you inked the paper with your name no matter whether you have the car or not. The contract is between you and the bank for money to pay for that specific vehicle.Unless you contract is flawed in some way (i.e. not signed by the dealers business manager, no bank listed, missing signatures from either party) you are the proud owner of a vehicle.