Massachusetts Receipt and Acceptance of Partial Delivery of Goods

State:
Multi-State
Control #:
US-02289BG
Format:
Word
Instant download

Description

Under the following form, the buyer admits that the part received is merely an installment of a larger specified quantity. The reference to the larger specified quantity makes the receipt signed by the buyer sufficient as a memorandum under the statute of frauds of the Uniform Commercial Code (??? 2-201) without regard to the fact of delivery and acceptance of the part. It is, therefore, to the advantage of the seller to obtain the execution of such a receipt for the goods whenever possible.

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FAQ

The Consumer Protection Act (M.G.L. Chapter 93A ) protects people from unfair and misleading business actions. It gives buyers the right to sue in court and get back money they lost. The law also allows businesses to sue other businesses. This only happens when a business was dishonest or unfair to another one.

When is the cooling-off period allowed? Door-to-Door Sales: If you make a purchase for over $25 at a place other than a merchant's usual place of business, Massachusetts and federal law allows you three days to cancel and get your money back.

To cancel the contract, you must notify the seller in writing no later than midnight of the third business day after you signed the contract. The seller must return your payment within ten business days after receipt of your cancellation notice.

The Massachusetts Item Pricing Law requires food and grocery stores to individually price mark most items with the actual selling price, unless an in-aisle electronic price scanner system is available or the items are located in end-aisle or freestanding displays.

If you are refinancing a mortgage, you have until midnight of the third business day after the transaction to rescind (cancel) the mortgage contract. The right of rescission refers to the right of a consumer to cancel certain types of loans.

Well-known examples of rescission availability across multiple states include timeshare sales. Transactions for a property that has several owners offer extra protection because decisions to sign up are typically made under lots of pressure. Other contracts can be harder to break.

Massachusetts law requires merchants to disclose their refund, return, and cancellation policies prior to the consummation of a transaction. A seller can have any type of return policy it wants - ?all sales final,? ?merchandise credit only,? ?full cash refunds within 30 days,? and so on.

Every item sold by a merchant in Massachusetts automatically comes with an implied warranty of merchantability which means the merchandise must do what it was designed to do with reasonable safety, efficiency and ease, and for at least a reasonable period of time.

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Massachusetts Receipt and Acceptance of Partial Delivery of Goods