If Adaptavist doesn reject Buyers terms and conditions within 5 business days, does that mean that Adaptavist agrees to them?
This is an increasingly common piece of legal boilerplate found in purchase orders: This purchase order (PO) constitutes an offer on the part of the Buyer (as defined in this PO) upon the terms and conditions and at the prices stated herein, and shall constitute a binding contract upon Seller (as defined in this PO), unless notification to the contrary is received in writing within five (5) business days of the Seller’s receipt of PO Hrm, let’s think about that for a nanosecond… No! If your legal team have taken time to make such an absurd assertion, please accept our apologies for taking up your precious time – unfortunately we won’t be doing business with you and we hereby reject all terms, conditions, pricing and other assertions you have tried to force upon us without our consent or agreement.
- If Adaptavist doesn reject Buyers terms and conditions within 5 business days, does that mean that Adaptavist agrees to them?
- What are some general contractual conditions/criteria buyers can consider when negotiating the purchase of a business?
- What does "RRP with terms of up to 65 business days or longer" mean?
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