Business
Cancellation Agreement
Texas
Can an equipment finance contract be cancelled before the equipment has been delivered and any money exchanged?
I signed the agreement in Oct 2022 waiting for equipment to deliver in early April 2023.
Answers from 1 Lawyer
Answer
Business
Texas
Matthew S.
ContractsCounsel verified
Yes, if the seller is in breach of the contract by delaying either because there was a deadline or the delays are unreasonable, you can cancel the contract.
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