📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Contract

Options
Moldridge
Moldridge Posts: 1 Newbie
edited 25 March 2022 at 11:24AM in Small biz MoneySaving
hi , I am wanting some advice on how to get out of a business contract that says I am unable to leave it  please ? 

Comments

  • martindow
    martindow Posts: 10,569 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 25 March 2022 at 2:12PM
    I'm afraid that you are tied by the terms of the contract that you have agreed to.  There are no legal protections for B2B transactions as there are for retail customers.
    You may be able to negotiate with the other party, especially if they think that you might default on payments or even go bankrupt.  But ultimately they can attempt to enforce the contract through the courts.
    It may help if you could give some more details of what the contract covers.  Obviously don't put details that could identify you on a public forum.
  • Grumpy_chap
    Grumpy_chap Posts: 18,296 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Moldridge said:
    hi , I am wanting some advice on how to get out of a business contract that says I am unable to leave it  please ? 
    What type of contract is it?  What type of goods / service do you supply under the contract?
    Every contract must have some end event, whether completion of an event, or after providing the service for a duration of time, or whatever.  What are the end events for this contract?
    Who advised you on the contract when you signed it?
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.2K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.