My husband is going to let a guy he knows borrow his car for a month. He needs a contract written up saying that if anything should happen to the car (even like a window being broken) that the person who borrowed the car will purchase the entire care for the amount of 4,500 dollars. I could type it up my self but I wanna see what others come up with that sound...official.
2006-08-29 21:28:26 · 4 answers · asked by I_love_my_soldier 2 in Business & Finance ➔ Other - Business & Finance
If you want something that will hold up in a Court then you need different terms, for example you can sell him the car for $4500.00 and have him sign a document promising to pay you that amount for the vehicle (include the vin # and a description like '95 Nissan 240 SX) and have all the signatures signed by a notary public. When he fails to pay it up in a month you can just go reclaim your car. No Court will allow you give him use of (basically rent) the vehicle and force him to pay the full value of the car for a minor repair. Include everything in the document that you can think of including who will provide the insurance on the vehicle.
2006-08-29 21:34:56 · answer #1 · answered by seandashark 4 · 0⤊ 0⤋
Adhesion contract
A fine-print consumer form contract which is generally given to consumers at point-of-sale, with no opportunity for negotiation as to it's terms, and which, typically, sets out the terms and conditions of the sale, usually to the advantage of the seller.
OR
Acquiescence
Action or inaction which binds a person legally even though it was not intended as such. For example, action which is not intended as a direct acceptance of a contract will nevertheless stand as such as it implies recognition of the terms of the contract. For example, if I display a basket of fruit in a marketplace and you come by, inspect an apple and then bite into it, you have acquiesced to the contract of sale of that apple. Acquiescence also refers to allowing too much time to pass since you had knowledge of an event which may have allowed you to have legal recourse against another, implying that you waive your rights to that legal recourse.
That would be the job of a lawyer... no definite format, it should be customized by the principal, to clear out his terms.
2006-08-30 04:41:42 · answer #2 · answered by Sheepish TinTin 3 · 0⤊ 0⤋
ummmmm...I would if ya paid me...but good luck anyways
2006-08-30 04:30:50 · answer #3 · answered by froggie 4 · 0⤊ 0⤋
LOL
2006-08-30 04:30:47 · answer #4 · answered by Mr. C 3 · 0⤊ 0⤋