Legal Question??
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Legal Question??
I made a verbal (phone) agreement with an oil company regarding my automatic oil delivery and cost per gallon contract on 1/9/12. My current contract expires 1/31/12. I have since changed my mind and want to use another provider. I called them to cancel the agreement today 1/19/12 and they claim that the verbal agreement is binding and I will be charged a substantial fee $399. They sent me a paper copy of the agreement dated 1/10/12 and want it signed and returned. I did not sign/return it. Am I bound to this verbal agreement even though the "renewed" contract has not even started yet?
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#5
An old saying is "A verbal contract isn’t worth the paper it’s written on". Verbal contracts are a convenient and commonly used form of agreement between two parties. However, the main problem with a verbal contract is that if any problems should arise and there were no witnesses to the agreement, the case is reduced to one party's word against the others. Even if verbal contract law is followed, a verbal contract is often easily contested.
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An old saying is "A verbal contract isn’t worth the paper it’s written on". Verbal contracts are a convenient and commonly used form of agreement between two parties. However, the main problem with a verbal contract is that if any problems should arise and there were no witnesses to the agreement, the case is reduced to one party's word against the others. Even if verbal contract law is followed, a verbal contract is often easily contested.
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You have the right to rescind for 3 days. Unless the state voids fuel companies from this rule. Insurance co, car dealers and cell phone co are usually the only ones exempt since you are taking the product right away and they are in effect. You contract hasn't started so they havent covered you yet or made a delivery
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I made a verbal (phone) agreement with an oil company regarding my automatic oil delivery and cost per gallon contract on 1/9/12. My current contract expires 1/31/12. I have since changed my mind and want to use another provider. I called them to cancel the agreement today 1/19/12 and they claim that the verbal agreement is binding and I will be charged a substantial fee $399. They sent me a paper copy of the agreement dated 1/10/12 and want it signed and returned. I did not sign/return it. Am I bound to this verbal agreement even though the "renewed" contract has not even started yet?
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Raytart'
The Answer Is "no", You Are Not Bound By The Verbal Agreement! The Oil Company Delivers Oil Only After The Written Contract Is Signed.
This Is Their Normal Course Of Business.
The Only Thing The Oil Company Did Was To Make You An Offer! You Agreed To The Offer Subject To Reading The Contract. After Reading The Contract, You Changed Your Mind. Thats Perfectly Legal.
The Contract Was Never Executed!! Oil Has Not Been Delivered On The New Contract. Therefore An Agreement Was Never Made! No Charge, No Fee.
Wish The Oil Delivery Company A "good Day".
This Is How We Do Business In New York. I Know Because I Am In The Delivery Business In New York!!
Jeff-country Service Auto Transport, Inc.
O.p.a. Boat # 623
The Answer Is "no", You Are Not Bound By The Verbal Agreement! The Oil Company Delivers Oil Only After The Written Contract Is Signed.
This Is Their Normal Course Of Business.
The Only Thing The Oil Company Did Was To Make You An Offer! You Agreed To The Offer Subject To Reading The Contract. After Reading The Contract, You Changed Your Mind. Thats Perfectly Legal.
The Contract Was Never Executed!! Oil Has Not Been Delivered On The New Contract. Therefore An Agreement Was Never Made! No Charge, No Fee.
Wish The Oil Delivery Company A "good Day".
This Is How We Do Business In New York. I Know Because I Am In The Delivery Business In New York!!
Jeff-country Service Auto Transport, Inc.
O.p.a. Boat # 623
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It was recorded thats what they did with me (general fuel) ..but if oil prices keep going up I cant see how they wouldnt let you out better for them, if they go down they will want money..