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Re: Turned Off on Texas: Protect Yourselves
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Posted by screaminghollow on May 23, 2002 at 21:20:25 from (63.222.194.65):
In Reply to: Turned Off on Texas: Protect Yourselves posted by Ryan on May 22, 2002 at 19:01:39:
Sorry bud, but if you didn't contact the guy every few weeks about your efforts to get the tractor moved, you deserved it. People in the retail business can't afford to store other folks purchases for 18 months. I represent two car dealers. One client took a five hundred dollar deposit on a used corvette. He had a great many other offers for the car and had it sitting on the lot for nine weeks. He couldn't contact the "buyer" cause the number was disconnected and the buyer didn't contact him. I told him to sell the car and keep the deposit. Which he did. Two days after the covette was sold, the first "buyer" came in demanding to know where his car was. He sued my client for the car or the deposit and lost. Courts will always interpret a contract to be performed within a reasonable period unless provided otherwise in the contract. Nine weeks was too long to wait to bring in the rest of the money for the car and the deposit is clearly understood to be the damages to the seller if the deal doesn't go through. How long would you consider to be too long, 19 months, 10 years? 20 years? Be reasonable man! You have no one to blame but yourself.
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