What is a release?
What is a release contract?
→ Read MoreGeneral Contract Law Questions
Get Legal Help Today
Compare Quotes From Top Companies and Save
Secured with SHA-256 Encryption
What is a contract?
A contract is an agreement between two or more persons (individuals, businesses, organizations, or government agencies) to do, or to refrain from doing, a particular thing in exchange for something of value. Contracts can generally be written using formal or informal terms, or they can be entirely verbal.
→ Read MorePutting Through Credit Card Charges by Merchant on Products to be Shipped
The seller or merchant is not required to ship the product first, before putting the credit card charges through. Putting through a credit card charge before shipping merchandise is simply a type of prepayment.This does put some risk on the buyer—the risk that he or she will be charged without receiving his or her merchandise.
→ Read MoreElements of a Contract
What are the elements of a contract?
→ Read MoreCan businesses refuse to accept credit cards from certain customers? (2024 Business Laws)
A credit card is not legal tender—it is merely one of many convenient ways of paying a debt. Just because a merchant accepts credit cards for payment of debts does not mean that they are compelled by law to do so.
→ Read MoreWhat about contracts printed in small type on the back of forms and airline tickets?
You’ve seen the small print on the back of a sales receipt with the list of rules for refunds. In fact, many of these small print contracts will actually state that by purchasing that item, you are agreeing to the store’s terms of sale.
→ Read MoreShould a private seller accept payments over time from a potential buyer?
You need to be careful when accepting a payment schedule from someone purchasing your property. Read this article to understand the risks of partial payments, and see how you can manage them.
→ Read MoreCan a lienholder collect payment on a false lien? (2024 Lien Laws)
If you received title to your car and the lien was released and the lender then went back and changed his mind, the lender cannot get back the released lien. However, this doesn’t mean he has no way to recover the money you owe him.
→ Read More