An open account is created when the parties intend that the individual items of the account will not be considered independently, but as a connected series of transactions. In addition, the parties must intend that the account will be kept open and subject to a shifting balance as additional related entries of debits and credits are made, until either party decides to settle and close the account. In an open account, there is but one single and indivisible liability arising from the series of related and reciprocal debits and credits. This single liability is to be fixed at the time of settlement, or following the last pertinent entry of the account.
The following form is a complaint that adopts the "notice pleadings" format of the Federal Rules of Civil Procedure, which have been adopted by most states in one form or another.
Title: Understanding the Phoenix Arizona Complaint for Open Account for Goods Sold and Delivered with Stipulation for Attorney's Fees — Breach of Oral or Implied Contracts Keywords: Phoenix Arizona, Complaint, Open Account, Goods Sold and Delivered, Stipulation, Attorney's Fees, Breach, Oral Contracts, Implied Contracts. Introduction: In legal matters concerning breach of oral or implied contracts and debts related to goods sold and delivered, individuals or businesses in Phoenix, Arizona can file a complaint with the court. This article will provide a detailed description of the Phoenix Arizona Complaint for Open Account for Goods Sold and Delivered with Stipulation for Attorney's Fees, explaining its purpose, relevant keywords, and potential types of complaints. Description: 1. Purpose of the Phoenix Arizona Complaint: The Phoenix Arizona Complaint for Open Account for Goods Sold and Delivered with Stipulation for Attorney's Fees is a legal document used to initiate a lawsuit against individuals or businesses that have breached their obligations regarding oral or implied contracts. The complaint aims to seek compensation for goods sold and delivered on an open account, and it allows the plaintiff to request attorney's fees as stipulated in the contract or as provided by Arizona law. 2. Keywords: a. Open Account: An open account refers to an ongoing credit arrangement between a creditor (the seller) and a debtor (the buyer). In this context, it relates to the outstanding balance owed by the buyer for goods previously sold and delivered. b. Goods Sold and Delivered: Goods sold and delivered refer to tangible products in exchange for a promised payment. This keyword emphasizes the specific nature of the claim as related to physical items rather than services. c. Stipulation: A stipulation is a provision within a contract that defines specific terms or conditions. In this case, it pertains to the inclusion of attorney's fees as part of the repayment when seeking damages in the complaint. d. Breach: Breach occurs when one party fails to fulfill their obligations under a contract. Breach forms the basis of the complaint, indicating the defendant's failure to pay for goods as agreed upon or expected. e. Oral Contracts: Oral contracts are verbal agreements rather than written contracts. In this context, it refers to agreements where the terms and conditions were not formally documented. f. Implied Contracts: Implied contracts are legally binding agreements formed through actions or conduct, rather than explicit written or verbal agreement. These contracts develop from the circumstances and behaviors of the parties involved. 3. Potential Types of Phoenix Arizona Complaints for Open Account for Goods Sold and Delivered with Stipulation for Attorney's Fees — Breach of Oral or Implied Contracts: The types of complaints filed for breach of oral or implied contracts may vary based on specific circumstances. Some potential types include: — Complaint against a consumer who failed to pay for goods delivered. — Complaint against a business that breached an oral contract for timely payment. — Complaint against an individual or entity that breached an implied contract for goods sold and delivered. Conclusion: The Phoenix Arizona Complaint for Open Account for Goods Sold and Delivered with Stipulation for Attorney's Fees provides a legal recourse for individuals or businesses seeking compensation for breach of oral or implied contracts and unpaid balances. Understanding the purpose, relevant keywords, and potential types of complaints is crucial when pursuing legal action in Phoenix, Arizona. It is advisable to consult with an attorney familiar with Arizona contract laws to proceed appropriately.Title: Understanding the Phoenix Arizona Complaint for Open Account for Goods Sold and Delivered with Stipulation for Attorney's Fees — Breach of Oral or Implied Contracts Keywords: Phoenix Arizona, Complaint, Open Account, Goods Sold and Delivered, Stipulation, Attorney's Fees, Breach, Oral Contracts, Implied Contracts. Introduction: In legal matters concerning breach of oral or implied contracts and debts related to goods sold and delivered, individuals or businesses in Phoenix, Arizona can file a complaint with the court. This article will provide a detailed description of the Phoenix Arizona Complaint for Open Account for Goods Sold and Delivered with Stipulation for Attorney's Fees, explaining its purpose, relevant keywords, and potential types of complaints. Description: 1. Purpose of the Phoenix Arizona Complaint: The Phoenix Arizona Complaint for Open Account for Goods Sold and Delivered with Stipulation for Attorney's Fees is a legal document used to initiate a lawsuit against individuals or businesses that have breached their obligations regarding oral or implied contracts. The complaint aims to seek compensation for goods sold and delivered on an open account, and it allows the plaintiff to request attorney's fees as stipulated in the contract or as provided by Arizona law. 2. Keywords: a. Open Account: An open account refers to an ongoing credit arrangement between a creditor (the seller) and a debtor (the buyer). In this context, it relates to the outstanding balance owed by the buyer for goods previously sold and delivered. b. Goods Sold and Delivered: Goods sold and delivered refer to tangible products in exchange for a promised payment. This keyword emphasizes the specific nature of the claim as related to physical items rather than services. c. Stipulation: A stipulation is a provision within a contract that defines specific terms or conditions. In this case, it pertains to the inclusion of attorney's fees as part of the repayment when seeking damages in the complaint. d. Breach: Breach occurs when one party fails to fulfill their obligations under a contract. Breach forms the basis of the complaint, indicating the defendant's failure to pay for goods as agreed upon or expected. e. Oral Contracts: Oral contracts are verbal agreements rather than written contracts. In this context, it refers to agreements where the terms and conditions were not formally documented. f. Implied Contracts: Implied contracts are legally binding agreements formed through actions or conduct, rather than explicit written or verbal agreement. These contracts develop from the circumstances and behaviors of the parties involved. 3. Potential Types of Phoenix Arizona Complaints for Open Account for Goods Sold and Delivered with Stipulation for Attorney's Fees — Breach of Oral or Implied Contracts: The types of complaints filed for breach of oral or implied contracts may vary based on specific circumstances. Some potential types include: — Complaint against a consumer who failed to pay for goods delivered. — Complaint against a business that breached an oral contract for timely payment. — Complaint against an individual or entity that breached an implied contract for goods sold and delivered. Conclusion: The Phoenix Arizona Complaint for Open Account for Goods Sold and Delivered with Stipulation for Attorney's Fees provides a legal recourse for individuals or businesses seeking compensation for breach of oral or implied contracts and unpaid balances. Understanding the purpose, relevant keywords, and potential types of complaints is crucial when pursuing legal action in Phoenix, Arizona. It is advisable to consult with an attorney familiar with Arizona contract laws to proceed appropriately.