Legal Question in Business Law in New York
selling a business
Can a seller change his mind about selling if he has not signed a contract with the buyer, even if the buyer has already signed it?
Asked on 5/27/09, 3:52 pm
1 Answer from Attorneys
Kristen Browde
Browde Law, P.C.
Re: selling a business
It depends. (How's that for a lawyer-like answer?)
Under most circumstances, the answer is, yes, the seller can change his or her mind. However, there are circumstances under which that is not the case.
A consultation with an attorney in your area who handles contract cases, who can analyze your situation, will be less expensive than getting the answer wrong.
Answered on 5/27/09, 3:58 pm
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