§ 445.141 Vendor’s rescission of sale of goods; refund; goods, possession
§ 445.142 Violation of act; penalty
contract signature

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Terms Used In Michigan Laws > Chapter 445 > Act 119 of 1964 - Refund of Down Payment On Vendor's Rescission of Sale

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • person: may extend and be applied to bodies politic and corporate, as well as to individuals. See Michigan Laws 8.3l