How long do I have to recind the purchase of a used vehicle for a dealership?
Full Question:
If I have a dispute with a car dealer on the repair work of a used vehicle I have agreed to purchase, can I cancel the contract/sale all together if it has been within a month's time?
05/09/2007 |
Category: Contracts |
State: Texas |
#4332
Answer:
A breach of contract is a failure to perform the contract in the manner called for by the contract. A party is entitled to contractual remedies if the other party breaches a contract. An appropriate remedy for a breach may be rescission of the contract. This places the parties in the position they would have been had the contract never been entered into. If performance has been involved, the performing party may be entitled to receive the reasonable value of his performance under an unjust enrichment theory.
