How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Infolawyer Your Own Question
Infolawyer, Attorney
Category: Business Law
Satisfied Customers: 57718
Experience:  Experienced lawyer
Type Your Business Law Question Here...
Infolawyer is online now
A new question is answered every 9 seconds

What are the laws surrounding layaway plans for computers and

Resolved Question:

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: 7 years ago.
Category: Business Law
Expert:  Infolawyer replied 7 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.
Infolawyer and other Business Law Specialists are ready to help you