Consumer Protection Law
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Hello. My name is***** will be happy to answer your question.I am sorry to hear about this unfortunate situation.
Did you and the buyer sign a written agreement for the sale of the business?
Thank you for your follow up.
Unfortunately, due to statute of fraud, any contract for a sale of business would have to be in written form and signed by both parties, in order to be legally binding.
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I wish you the best of luck and God bless you!
While I cannot comment on your specific case, generally, any contract for sale of business has to be in writing and signed by both buyer and seller in order to be legally binding.
I wish you the best of luck!
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