Legal Question in Business Law in Florida
Signed a contract with Carl's furniture , they said you can't cancel contract, but she wouldn't put it through for 3 days. It was a leather couch. We put half the money down on a credit card. That same night I found out the store was in bankruptcy. I called the credit card company and sent a fax to the store that same night 07/04/2012 telling them I don't want to do business with them because of their bankruptcy status. Since the order wasn't put through could they hold us to the contract and not give us our money back?
1 Answer from Attorneys
This is a largely a completed contract. You cannot terminate a contract because of some tangential fact which you find out after signing it. Not wanting to do business with them because of their bankruptcy status is not a valid reason to refudiate. If they deliver, you will still owe the rest.
Related Questions & Answers
-
If I rent a chair in a solon do I have a legal right to used the solon name in my... Asked 7/03/12, 2:59 pm in United States Florida Business Law
-
Is commingling funds illegal in the state of Florida? A signer on a business... Asked 7/01/12, 4:21 pm in United States Florida Business Law
-
If you own a nightclub business, and have a ladies night special once a week, do you... Asked 6/22/12, 12:02 pm in United States Florida Business Law
-
In Florida,when one partner of a 50/50 S corporation wants to sell to the other,... Asked 6/22/12, 11:14 am in United States Florida Business Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
