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Buyer backed out

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A

atlbiz

Junior Member
What is the name of your state? Georgia

I am the co-owner of a business.

A 3rd party wanted to buy my interest in the company. I signed the contract he presented.
He never signed it. The deadline has since passed.

Is he under any obligation to fulfill the contract since he initiated it?

Thanks in advance!
 


S

seniorjudge

Senior Member
atlbiz said:
What is the name of your state? Georgia

I am the co-owner of a business.

A 3rd party wanted to buy my interest in the company. I signed the contract he presented.
He never signed it. The deadline has since passed.

Is he under any obligation to fulfill the contract since he initiated it?

Thanks in advance!
Click to expand...
Q: Is he under any obligation to fulfill the contract since he initiated it?

A: He never signed it.
 
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