3 ms·
It is a contract but not necessarily the contract. The proposed written contract may have more terms and conditions. By buying and selling without a signed cont
by zugi 3y ago
It is a contract but not necessarily the contract. The proposed written contract may have more terms and conditions. By buying and selling without a signed contract, you're agreeing to basic price and quantity without having to read and agree to a potential litany of other terms. Like what happens when you buy something from a store.
So it may not be relevant for this case, but in general buying and selling without a contract saves you from having to pore through legal details.
- s1artibartfast 3y agoAnd some of those contract terms can be more or less favorable to one party than what a could would decide in the absence of an explicit contract stating otherwise.
- Ferret7446 3y agoSo basically they prefer "signing" to contracts that are poorly specified and where any disagreement (significantly moreso than a well specified contract) results in a lengthy and expensive legal process for both parties. Which is fine as long as they know what they're getting into.