BigMouthWino
Member
Seems pretty clear to me.In mid April I received a letter from the suppliers attorney basically stating that they cannot wait that long and unless I pay the balance owed by 06/01/2012, they will file suit.
Seems pretty clear to me.In mid April I received a letter from the suppliers attorney basically stating that they cannot wait that long and unless I pay the balance owed by 06/01/2012, they will file suit.
Seems pretty clear to me.
Wrong. You are assuming there was some offer and acceptance giving him the right to make these monthly payments. Number one problem here is there was no additional consideration for these terms. They had the right to demand the full balance due for their goods and services at any time. When an invoice says Net 30 it means Net 30. Just because you start making partial payments doesn't mean the vendor has to accept your terms forever.That is not an agreement or a contract. That's a demand IN VIOLATION of their contract.
really? So, the e-mail op has attesting to the agreement means nothing? and the ratification by action for a full year means nothing?BigMouthWino;3064927]Wrong. You are assuming there was some offer and acceptance giving him the right to make these monthly payments. N
but when they agree to it, it does become enforceable.Just because you start making partial payments doesn't mean the vendor has to accept your terms forever.
Wrong. Promissory Estoppel also requires consideration be provided. There was no additional consideration here. The full amount was due and payable immediately. Now had he agreed to pay an extra $500 in exchange for the monthly payments I would agree with you, but that was never the case. No consideration, no contract, no promissory estoppel.while I will agree that a contract, specifically, was not entered into, promissory estoppel doesn't care.
no, it doesn't.Wrong. Promissory Estoppel also requires consideration be provided. There was no additional consideration here. The full amount was due and payable immediately. Now had he agreed to pay an extra $500 in exchange for the monthly payments I would agree with you, but that was never the case. No consideration, no contract, no promissory estoppel.
Another make-it-up-as-you-go answer.Wrong. Promissory Estoppel also requires consideration be provided.
BMW is a female? Hmmmm...Another make-it-up-as-you-go answer.
Ladies and Gentlemen, it appears what we have here is a first class troll. She is very effective at getting people to respond.
I suggest that in the future the senior members don't bother arguing with her, as that is exactly what she wants. Simply warn the OP that she has been known to provide incorrect advice and move on.
Not the last time I checked LOL.BMW is a female? Hmmmm...
There is no 3rd party reliance here. Only the creditor and the debtor it doesn't apply. This is a credit CONTRACT, based upon consideration. There is no promissory estoppel argument.A legal principle that prevents a person who made a promise from reneging when someone else has reasonably relied on the promise and will suffer a loss if the promise is broken.
Good I'm glad we were finally able to settle this.sure, ok, whatever you want to claim. I's fine by me.
gotcha. you run with it bucky.Good I'm glad we were finally able to settle this.