Part V: Entry Into Credit or Hire Agreements
Part V of the Act deals with four elements of entering into a credit or hire agreement; pre-contract disclosure, the formalities of entry into a regulated agreement, cancellation of a regulated agreement and its consequences and withdrawal from a prospective regulated agreement and its consequences. In some cases, specific information must be disclosed before a contract is made, with the standard provision that contracts where this is not followed are unenforceable without an order from the courts.
Other articles related to "agreement, hire, credit, hire agreements, agreements":
... Part V contains several provisions relating to the cancellation of a regulated agreement and the withdrawal from a prospective regulated agreement ... These are similar to those found in the Hire-Purchase Act 1965, but cover all consumer credit and consumer hire agreements rather than the hire-purchase and instalment sale agreements previously covered ... The withdrawal from a prospective agreement is found primarily at common law a party may withdraw from a prospective agreement at any point before it becomes a contract without ...
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