Legal Question in Business Law in New York
Invoice vs Contract
Can an invoice be considered a contract? What is the difference between the two?
2 Answers from Attorneys
Re: Invoice vs Contract
An invoice is normally evidence of a contract. Simply put, a contract is an agreement between two individuals or entities. A contract may be oral or written. An invoice is a document demonstrating the amount owed under the terms of the contract. However, if an invoice has language contituting a contract (or an agreement), it may also be deemed a contract.
Mike.
Re: Invoice vs Contract
an invoice is a bill, which is not necessarily a contract but can be seen as evidence of a contract in that the particular item or service was delivered, and then payment requested...
generally, a bill may be shown as evidence of a contract... but will not be dispositive of the existence of this contract.
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