|
Tractor Talk Discussion Board |
Re: OT: Is email a legally binding contract?
[ View Follow Ups ] [ Post Followup ] [ Return to Forum ]
Posted by John (I'm a lawyer) on December 13, 2001 at 06:36:39 from (64.123.204.213):
In Reply to: OT: Is email a legally binding contract? posted by Steven@nd on December 12, 2001 at 10:56:05:
Guys: I am a lawyer - I also have about 9 antique tractors and a whole of equipment. Please don't hold it against me. I have handled alot of contract litigation and have drafted a lot of contracts as well. Contrary to some misconceptions, you can have a validly binding oral contract. The terms of the contract cannot be too vague, or the contract cannot be enforced. The emails you exchange on the Internet provide valuable evidence of the terms of your oral contract. Both emails and electronic pictures, etc. can be easily admitted into evidence in my state (Texas) and in federal court. Money does not have to exchange hands, you just need mutual promises, e.g. I promise to give you $500, you promise to give me your tractor. Here is the practical effect - you will never end up in court over a $500 deal or even a $2500 deal. The lawyer fees would exceed the value of the money you're trying to recover. So, when you're making deals with guys in the tractor hobby, just forget about the legalities. If you're making a big deal, use common sense to protect yourself. If all else fails, there are several Internet escrow companies out there that will act as the middleman for exchanging the goods and money. With all that being said, I have always been impressed by how genuinely honest and sincere tractor hobby people are.
Follow Ups:
Home
| Forums
| Order Support
Today's Featured Article -
Tractor Implements and Their Use - by Curtis Von Fange. Dad was raised during the depression years of the thirties. As a kid he worked part time on a farm in Kansas doing many of the manual chores. Some of the more successful farmers of that day had a new time saving device called a tractor. It increased the farm productivity and, in general, made life easier because more work could be done with this 'mechanical beast'. My dad dreamed that some day he would have his own tractor with every implement he could get. When he reached his early sixties
... [Read Article]
Latest Ad:
For sale Farmall super A tractor is complete and has just been setting for awhile,it was running when pulled out of the barn,shouldn’t take to much to get it going asking 1100.00
[More Ads]
Copyright © 1997-2026 Yesterday's Tractor Co.
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V. Yesterday's Tractors - Antique Tractor HeadquartersWebsite Accessibility Policy |
|
