Conditions would you want included in the purchase agreement


Question 1) Did you know that you likely cannot sue your credit card company? Over the past 36 months you probably received an enclosure in one of your credit card bills (or a separate mailing) that was a change in the terms of your account. One of the provisions added a requirement that all complaints you have with the card issuer must be resolved through binding arbitration. The other provision stated that if you used your card after receipt of the change in terms that constituted your acceptance of the new terms.

What do you think about modifying a contract in this manner?

Question 2) If you were buying a business, other than the price and the basic elements necessary to form a contract, what terms or conditions would you want included in the purchase agreement?

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Finance Basics: Conditions would you want included in the purchase agreement
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