I leased a credit card machine for a business but now that the business is closed, I no longer use it. I've asked the company if I could get out of my lease but they won't let me break it unless I pay the remaining months plus a fee. Am I getting screwed or is this normal? There is nothing wrong w/ the machine, it's just not being used any longer.
2006-10-14 23:54:21 · 3 answers · asked by Pixie 1 in Business & Finance ➔ Small Business
You are bound by the terms of the agreement. That is why you should NEVER sign a contract of any kind unless you fully know the consequences.
2006-10-14 23:57:00 · answer #1 · answered by WC 7 · 0⤊ 0⤋
To obtain a legal opinion on this i would have to see the lease agreement. no-one can give you a decent answer until they have seen what the obligations are of each party to the agreement.
2006-10-14 23:58:24 · answer #2 · answered by Jaylaw 3 · 0⤊ 0⤋
THIS IS A NORMAL AGREEMENT,SORRY TO SAY.
2006-10-15 00:03:07 · answer #3 · answered by Anonymous · 0⤊ 0⤋