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Category: Business Law
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What are the laws surrounding layaway plans for computers and

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What are the laws surrounding layaway plans for computers and electronics in Michigan. I own a small computer retail outlet and I want to offer layaway to my customers. Is this legal? What do I need to know regarding deposits, refunds, etc. before I draw up the contract?
Submitted: 6 years ago.
Category: Business Law
Expert:  INFOLAWYER replied 6 years ago.
Hello and thank you for your question. If you need more details after you read my answer, click reply (not relist) & I will gladly respond. You are free to do so and can set forth the terms as you please provided you give customers reasonable time to pay for the purchase.
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