Yes. Contracts are legal and binding upon the 2 parties. licensing does not affect the contract. Failure to get a license could impact the company s ability to operate in that state. Which could cut down on their income or profit. So it is smart for you to do your research before entering into the contract.
Tuesday, March 20, 2007
If I entered into a contract and I discover that the business is not licensed, is it still valid? -
I entered into a contract with a company and then discovered that the company is not licensed to do business in any state. Is the contract still valid?
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