Mississippi First Amendment to Service Reseller Agreement

State:
Multi-State
Control #:
US-EG-9447
Format:
Word; 
Rich Text
Instant download

Description

First Amendment to Service Reseller Agreement dated July 1, 1998. 2 pages.
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FAQ

A reseller agreement typically refers to an arrangement between someone supplying goods (often known as the wholesaler) and another party selling the goods to a third party or the general public (the reseller). Under a reseller agreement, the reseller agrees to sell the products on behalf of the wholesaler.

While oral contracts are valid, written contracts are safer because they outline all terms of the agreement. Be sure to include any spoken promise from the seller, a salesperson or agent in the written contract.

A contract can be deemed unenforceable if it requires a party to undertake an illegal act, if it was signed under duress or while intoxicated, if the disparity in knowledge between the parties is extreme and the weaker party was given onerous terms, etc. Are Oral Contracts Legally Binding Under California Business Law? californialaborlawattorney.com ? implied-an... californialaborlawattorney.com ? implied-an...

Technically, the answer is yes. Although the agreement is not in writing, you may be able to file a lawsuit if another party breaches a verbal contract. However, many oral contract cases turn into ?he said, she said? situations, which can be more challenging to prove than cases with clearly defined terms on paper. Can I Sue for Breach of Verbal Contract? - Arenson Law Group, PC arensonlaw.com ? can-i-sue-for-breach-of-v... arensonlaw.com ? can-i-sue-for-breach-of-v...

Put simply: yes. From a legal standpoint, verbal contracts can be just as valid as written contracts. There are, of course, nuances and exceptions, and a verbal contract may be much more difficult to enforce in court should something go wrong. Are Verbal Contracts Legal? - Rocket Lawyer rocketlawyer.com ? legal-guide ? are-verbal... rocketlawyer.com ? legal-guide ? are-verbal...

Ways to prove an oral contract Call up witnesses to the oral contract. "If there are any witnesses to the contract formation or [people who] have knowledge about the contract negotiations, they could provide valuable information about the terms of the deal," Mario Iveljic of Mag Mile Law LLC in Chicago, says. Oral contracts: Do they carry any weight? | .com ? articles ? oral-contracts-do... .com ? articles ? oral-contracts-do...

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Mississippi First Amendment to Service Reseller Agreement