0
Are you committed to a purchase agreement if money has not been exchanged?
Wiki User
∙ 15y ago
Not enough information to give an answer. What kind of purchase? Does it involve a contract? Etc?
Wiki User
∙ 15y ago
Typically, a purchase agreement is not legally binding until money has been exchanged or a deposit has been paid. Until this point, either party can typically walk away from the agreement. It is always best to review the specific terms of the purchase agreement to understand any commitments or obligations.
Add your answer:
Earn +20 pts
What is an example of representative money?
An example of representative money would be a gold certificate issued by a bank that can be exchanged for a specific amount of gold. These certificates are backed by the gold held by the bank and can be used as a form of currency.
Do you get your money back if a lawyer withdraws from your case?
It depends on the agreement you have with the lawyer. In some cases, you may be entitled to a refund for any unused portion of the retainer fee. It's important to review your contract and discuss any potential refund with the lawyer.
If settle out of court how long will it take to receive money?
The timeline for receiving payment after settling out of court can vary. It may take anywhere from a few weeks to a few months, depending on the terms of the settlement agreement and how quickly the parties involved fulfill their obligations. It is recommended to have a clear timeline outlined in the settlement agreement to avoid any delays.
What is definition of lawful money?
Lawful money refers to currency that is considered legal tender by a government and can be used to settle debts, pay taxes, and purchase goods and services. This includes coins and banknotes issued by the government or central bank that are widely accepted in exchange for goods and services.
What is the law in Ohio for returning a Used Car?
In Ohio, there is no automatic "cooling off" period for returning a used car once a contract is signed. However, if the car has significant mechanical issues not disclosed at the time of purchase, the buyer may have grounds to seek recourse under Ohio's lemon law or consumer protection laws. It is advisable to carefully review the terms of the purchase agreement and consult with a legal professional if issues arise.
What money did french move to Kansas?
By "money" I assume you mean the Louisiana Purchase. The whole of Kansas was part of the Louisiana Purchase agreement, together with parts or the totality of 14 other states.
If you paid down on new car and dont have car can you get your money back?
If you did not sign anything, yes. If you have signed some papers, depending on what they are, probably not. If you have signed the agreement to purchase, possibly. Ask the selling dealer to let you out of the agreement to purchase.
Why companies go for leasing rather than purchasing agreement?
Companies prefer a leasing agreement because they can keep the asset in the long run. A purchase agreement doesn't allow the business to continue making money.
Can you do a promissory note with no money exchanged?
Yes, but it wouldn't necessarily be binding as there must be consideration provided by both parties to such a agreement. The note would have no value and would be nothing more than an IOU.
How does money work and how do you get it if don't have a job?
Money can be exchanged for goods or services.
What is exchanged for money in the circular flow?
goods and services
Can a car dealership cash your check that was used for down payment if you were never approved for financing?
A check given to the dealership will be cashed. This is normal in business. Whether they can keep the money or have to return it is based on what your purchase agreement reads. Where I live if the purchase agreement has "Subject to financing" on it the down payment must be returned if the dealer can not get you financing and you can't get outside financing. If it does not have that in it they get to keep the money.
What is the amount of money exchanged for a good or service?
PRICE
What is a resource often exchanged for other resources?
Money, of course!
What is beneficial agreement?
The beneficial agreement is an agreement (who would have thought?) that means all the members of the agreement (if they bring money to the school) that makes them give some of their money to any of their friends.
A market in which the money of one nation is exchanged for the money of another nation is a?
Foreign exchange market
Can you get refund from co wout taking clothing bk to store?
No. The point of a refund is that the money is being exchanged for the clothes, just as in a purchase. It's just being done in reverse. To get money back without returning the clothes would be fraud or theft.
