Posts Tagged ‘Contract’
Debts by Buying, Borrowing or Leasing
Apart from debt, tort, the law also by a debt agreement. These are debts incurred by a person buy, borrow or lease. If a minor child into an agreement, parents can undo it in principle. Suppose your daughter on her twelfth decision to a television via the internet to order. That you can safely return to the seller. You do not pay television and delivery. Are they already paid, you can receive a refund. Return costs are, however, at your expense!
Exceptions
It is not uncommon for a minor child such as a CD or magazine buys. This type of purchase you as a parent not be undone. Do you as a parent permission you can not turn back the agreement. Ask your son borrows money for a scooter and you have signed the contract for the loan. Then you sit there on down. Please read the terms of the agreement.
Finally, his parents never liable for a debt that their child from the 18th year makes. That debt is always paid by the person who created the debt.