Legal Question in Business Law in Florida
Oral Contract
I recieved a call from a business in Florida inquiring about purchasing equipment from me for there store I qouted them a price for the equipment and offered them a business lease for 48 months. They agreed to the terms.Upon completion of the installation they paid me two months payment and said they would sign and send me the lease agreement. They have been giving me a run around for about a month,they are telling me now that it is too much money and they can get it cheaper from another company. They are offering me half of what was agreed on.I have no signed contract with them just an oral agreement.Do I legally have any recourse.
2 Answers from Attorneys
Re: Oral Contract
Recent cases indicate that the terms of your oral contract can be established and enforced. I urge you to retain counsel to proceed in your behalf.
Re: Oral Contract
You may be able to enforce the agreement, but it would be much easier to do so had you made the lessee sign the lease before the installation. You should retain counsel for this matter, and in the future you will save yourself time and money if you simply have the lessee sign the lease before performing any installation of equipment. What you did is an invitation for disaster and unscrupulous lessees will find it too tempting an opportunity to pass up.
Related Questions & Answers
-
Verbal Agreements I hired a company to clear 5 acres I own and we verbally agreed... Asked 4/05/04, 1:34 am in United States Florida Business Law
-
Non-compete contract After approximately one year of employment, my employer is... Asked 4/01/04, 1:59 pm in United States Florida Business Law
-
Starting small business Starting small business out of home. During advertising... Asked 3/31/04, 1:13 pm 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.
