Form with which a corporation advises that it has resolved that some shareholders shall be required to give the corporation the opportunity to purchase shares before selling them to another.
Corporate Refusal Within A Contract In Philadelphia
State:
Multi-State
County:
Philadelphia
Control #:
US-0025-CR
Format:
Word;
Rich Text
Instant download
Description
Form popularity
FAQ
Public Nuisance. Any unreasonable interference with a public right of more than three (3) people caused by any activity or condition which violates The Philadelphia Code, an ordinance, or any statute.
Pennsylvania, unlike many states, does not have a “buyer's remorse” statute on the books, which means that consumers do not have legal grounds to return a vehicle unless they have a valid reason for doing so that is related to fraud, a serious defect, or misrepresentation.
The UTPCPL gives consumers the right to cancel a contract within three days of signing it. This also applies to sales made over the phone, when a consumer feels buyer's remorse. However, the UTPCPL only governs consumer contracts, not commercial contracts.
You can cancel a door-to-door sales contract until midnight on the third business day after you sign the contract. How do I cancel a door-to-door sales contract? You must cancel in writing.
Under federal law, you have three days to cancel the following contracts: Door-to-door sales contracts for more than $25.00; Home improvement loans; Contracts for more than $25.00 that is not made at the seller's normal place of business.
Pennsylvania courts require that consideration be present for the agreement to be enforceable. Without mutual exchange or benefit, a contract can be invalid. Both parties should have something to gain or lose as part of the agreement.
Contracts for goods or services in excess of $25 that are entered into as a result of a contact at your home, either in person or by telephone, can be cancelled within three business days following the date of the contract.
The Statute is a complete defense when invoked by a defendant in a breach of contract action. If a contract is “within the Statute” (meaning it falls within one of the above categories) and it has not been recorded in a writing, it is not enforceable and the defendant will not be liable in the event of a breach.
An unenforceable contract or transaction is one that is valid but one the court will not enforce. Unenforceable is usually used in contradiction to void (or void ab initio) and voidable. If the parties perform the agreement, it will be valid, but the court will not compel them if they do not.
