Thomas G. Schober's Answers

Thomas G. Schober
Oconomowoc Business Attorney.
Contributor Level 7

1

Attorney answers:

  1. Thomas G. Schober

Car dealer changd the date on my personal check. then deposited it.

Asked by a user in Milwaukee, WI - over 3 years ago.

I am not sure what your damages are at this point. If the dealer agreed to correct this situation, you have no damages. Then, your best course would be to accept such a proposal. If they negotiated your check before the appropriate date, this could become messy, since you had already altered the date and initialled it. If they say you actually initialled the date they enterred, this could become a matter of proof, and their word against yours. So if they are offering a solution that...

1

Attorney answers:

  1. Thomas G. Schober

Memorandum of understanding

Asked by a user in Sunapee, NH - almost 2 years ago.

The most important thing is to be sure the MOU itself says that it is not binding, and that agreements between the parties will only become binding upon executing the actual contracts. The MOU is merely that, a memorandum indicating the parties have come to some mutual ground. But that mutual ground is not set forth in sufficient detail, or the contracts wouldn't be needed. So to avoid becoming bound to something rather indefinite, it is important to clearly say that the MOU is not binding,...

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