South Carolina § 39-57-70 Business opportunity contracts to be in writing; terms to be included.

South Carolina Statutes

§ 39-57-70 — Business opportunity contracts to be in writing; terms to be included.

South Carolina·Title 39 TRADE AND COMMERCE·Ch. 57 BUSINESS OPPORTUNITY SALES ACT

(a)Every business opportunity contract shall be in writing and a copy shall be given to the purchaser at the time he signs the contract.

(b)Every contract for a business opportunity shall include the following:

(1)The terms and conditions of payment;

(2)A detailed description of the services that the business opportunity seller undertakes to perform for the purchaser;

(3)The seller's principal business address and the name and address of its agent in the State authorized to receive service of process;

(4)The approximate delivery date of any product, equipment or supplies the business opportunity seller is to deliver to the purchaser.

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(a) Every business opportunity contract shall be in writing and a copy shall be given to the purchaser at the time he signs the contract. (b) Every contract for a business opportunity shall include the following: (1) The terms and conditions of payment; (2) A detailed description of the services that the business opportunity seller undertakes to perform for the purchaser; (3) The seller's principal business address and the name and address of its agent in the State authorized to receive service of process; (4) The approximate delivery date of any product, equipment or supplies the business opportunity seller is to deliver to the purchaser.

South Carolina § 39-57-70 (Business opportunity contracts to be in writing; terms to be included.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.