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Simple English definitions for legal terms

retail installment contract

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A quick definition of retail installment contract:

A retail installment contract is an agreement between two or more parties that creates obligations that can be enforced by law. It can be a written document that sets forth the terms of the agreement, but the term "contract" can also refer to the legal relations resulting from the agreement. In simpler terms, it is a promise or set of promises that the law recognizes as a duty, and if broken, there will be consequences.

A more thorough explanation:

A retail installment contract is a type of contract that is used in the sale of goods or services. It is an agreement between two or more parties that creates obligations that are enforceable by law. The contract outlines the terms of the sale, including the price, payment schedule, and any other conditions that must be met.

For example, if you purchase a car from a dealership, you will likely sign a retail installment contract. This contract will outline the terms of the sale, including the price of the car, the interest rate on the loan, and the payment schedule. By signing the contract, you are agreeing to make payments on the car according to the terms outlined in the contract.

Retail installment contracts are important because they provide legal protection for both the buyer and the seller. They ensure that both parties understand the terms of the sale and are held accountable for meeting their obligations. Without a retail installment contract, disputes can arise over the terms of the sale, which can be costly and time-consuming to resolve.

retailer | retail installment contract and security agreement

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18:13
Babycat are you drinking the chemical waters
BulbasaurNoLikeCardio
18:13
Told them this is ridiculous and they took $140 off so my patience has been bought. Now I need to find another distraction from this shitty teacher
18:13
Original price was 460 they just ripped ya off
18:13
jk that is nice
babycat
18:14
@EvolBunny: I love fluoride 😍😍😍
18:14
omg me too
BulbasaurNoLikeCardio
18:15
@EvolBunny: I am fine with them making their cut and all that but I bought it with an adjustable gas block, new LVPO and foregrip so I just have a bunch of parts and ammo with no way to shoot it
@BulbasaurNoLikeCardio: i mean getting paid for their incompetence is based
18:15
they think you are going to attack dj trump
BulbasaurNoLikeCardio
18:18
@BulbasaurNoLikeCardio: they blaimed it on their IT team for not updating it as out of stock when I paid but like buying something in stock in September then being told I won't get it until mid January is pretty wild. I do not hunt anymore but their mistake would of caused me to miss the entire season. If it wasn't so hard to get left handed ARs I would of gone elsewhere
oh that's kind of worth more than $140
that's at least $300
18:19
@BulbasaurNoLikeCardio: what you gonna do when january hits and they are like "it still isnt here come back in april"
BulbasaurNoLikeCardio
18:20
Its a $600 part, they already covering shipping and paying the tax so $140 is an additional 25% off.
BulbasaurNoLikeCardio
18:20
If it doesn't come January I am going to just say fuck it and toss everything on the right handed upper and just eat gas.
18:21
You should have said to refund you or give 300 off
18:21
wasp is wasp
18:21
knows how be rich and demand shit lmfao
i am atheist not protestant
18:22
same thing tho ya? - catholic
BulbasaurNoLikeCardio
18:23
Ill just keep arguing for more money off until I get it or they end up paying me to take it lmao
18:24
what other guns ya got
are we losing hope for gtown lol
yeah i dont think gtown does A's this late unfortunately
18:25
it is like 630 on a friday there bud
18:25
think it is safe to say it aint happenin today\
damn it was a slow day today
BulbasaurNoLikeCardio
18:26
I got a custom built Leftie ar15 I run suppressed, a regular ar15, a .270 axis savage bolt gun, xd9, xd40 and have my AR10 I run suppressed.
BulbasaurNoLikeCardio
18:26
I do not think we will see a wave until after thanksgiving. Adcoms will be nice and not ruin someones thanksgiving with an R
18:28
ruin my thanksgiving law schools uwu
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