Full question:
Can I change my mind about buying a car after I signed a contract?
- Category: Automobiles
- Date:
- State: Texas
Answer:
A contract is typically fulfilled by performing the terms agreed upon. However, there are ways to end a contract after signing:
- Discharge by terms: The contract may specify an end date.
- Mutual cancellation: Both parties can agree to terminate the contract.
- Mutual rescission: Both parties can agree to annul the contract and return to their original positions, which includes returning any exchanged consideration, such as money.
This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.