"Agreement" not to sell balance not legally binding.
[ Follow Ups ] [ Post Followup ] [ Credit Forum Index ]
Posted by Why Chat (209.240.198.61) on May 12, 2003 at 17:49:37:
In Reply to: pleae advise-settlement wording posted by Matrin on May 12, 2003 at 14:45:50:
They can agree in writing, and sign an agreement not to sell the balance, but it is NOT enforceable, and they KNOW IT !! A contract which contains an illegal provision is non binding. It is called "restraint of trade" and is legally unenforceable.
Follow Ups:
Post a Followup
|
