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In North Carolina, a Statute of Frauds requires that all contracts or agreements to sell or convey land or any interest in or concerning land, including easements, options to purchase, rights of first refusal, and certain leases, must be in writing and signed by any party against whom enforcement is sought.
?Terms and Conditions? is the document governing the contractual relationship between the provider of a service and its user. On the web, this document is often also called ?Terms of Service? (ToS), ?Terms of Use?, EULA (?End-User License Agreement?), ?General Conditions? or ?Legal Notes?.
Conditions ? A condition is an essential term and the most important obligation in a contract. A condition is a stipulation going to the 'root of the contract' so that any breach of that term may be regarded by the innocent party as a fundamental breach.
Is an oral contract enforceable? In North Carolina, an oral contract is enforceable except in limited situations governed by the statute of frauds.
They outline how you and your users are permitted to act, address your dispute resolutions and governing laws, reiterate your intellectual property rights, and limit your liabilities. But writing a terms and conditions agreement for your business can get complicated.
A contract is a legal agreement between two or more parties in which they agree to each other's rights and responsibilities. Offer, acceptance, awareness, consideration, and capacity are the five elements of an enforceable contract.
Standard (written) terms and conditions (T&Cs) are the legal basis on which you will be engaging with customers - and are essential when starting a business. It is recommended that you don't copy T&Cs from another business; no two businesses are exactly the same, plus they may not have obtained legal advice.
How much time do you have to change your mind after signing a contract? The FTC's three day ?cooling off? period allows consumers to void a contract they have signed within three business days without incurring any penalties.