deposit refund

2 Answers. Asked on Apr 05th, 2017 on Business Law - New York
More details to this question:
I put a deposit on a dump truck from a private owner,is my deposit refundable if i change my mind to purchase it?
Answers Showing 2 out of 2
Answered on Apr 08th, 2017 at 7:38 AM

It depends on the contract you signed.  If no contract, then someone cannot keep the truck and the money, so you have a claim.

Report Abuse
Answered on Apr 05th, 2017 at 11:20 AM

That depends.  What does your contract say?  If you only have an oral agreement, what did you agree upon about deposits?  If you never discussed it, what is the usual practice in that sort of purchase?

Report Abuse
Business Law
Beginning on the day a new business is launched, it will encounter a host of legal issues. From selecting the optimal business structure to negotiating contracts, from ensuring that the company's name doesn't infringe on another business's intellectual property to hiring new employers--almost everything that small business owners do touches on some aspect of business law. As a company owner or manager, your focus should be on successfully running and building a business. A law firm that focuses on business law will have attorneys who have a broad cross-section of experience on the myriad legal issues that affect all businesses, large and small.
Have an Business Law Question?
It’s Free & Easy.
Ask a Lawyer
Top Contributing Lawyers
Mark Tischhauser, Esq.

Attorney - Florida

307 Answers, 19 Legal Topics

Patrick Johnson

Attorney - Tennessee

238 Answers, 43 Legal Topics

Michael D. Siegel

Attorney - New York

141 Answers, 26 Legal Topics

Michael E. Fiffik

Attorney - Pennsylvania

115 Answers, 21 Legal Topics

Bruce Robins

Attorney - New York

96 Answers, 8 Legal Topics

R. Sam Price

Attorney - California

95 Answers, 13 Legal Topics

Lori Nevias

Attorney - New York

91 Answers, 32 Legal Topics

Business Law Local Law Firms  
In United States change location
Please select state Update
Andrew Branz Attorney at Law

Waltham, MA

| Contact Now

Goldman & Zwillinger PLLC

Scottsdale, AZ

| Contact Now

Landry Mazzeo & Dembinski, PC

Farmington Hills, MI

| Contact Now

Do It Yourself Legal Forms

Popular Forums