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Old 03-15-2012, 10:39 AM
54ny77 54ny77 is offline
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Join Date: Jul 2009
Posts: 13,017
Framebuilders take note: a simple 1-2 page contract that spells out each parties' rights & responsibilities would address sooooooo much of the bad issues that surface during this type of conversation. Whoever does it, or announces that they already do, I think would really gain a lot of respect and biz for it.

Personally, other than dealing with maybe 2 or 3 long-established folks in the biz in the usual custom build "trust" process, I would never go the custom route without it. Too much headache otherwise.

p.s. that blue & white Steelman is pretty darned sweet looking. Replace that seat binder bolt with a nice non-stripped one, would ya! Sheesh, details!

Quote:
Originally Posted by mistermo
I think those who want to apply contract law to this situation need to take a step back and evaluate their views.

#1 I'm not sure contract law applies, and think that it does not, but for kicks, let's say that it does.

#2 Should he have kept the deposits, hired a bankruptcy lawyer, and let those who wanted their deposit back, hire their own lawyers and get in line with the bankruptcy proceedings? Then he could've re-incorporated and gone about making frames, just as he'll be doing today. It would be all legal and tidy that way. But unethical.

#3 By accepting their returned deposit, they agreed to cancel their "contract".

By all acccounts he closed his business and was done. This wasn't an attempt to extort those on his waiting list into paying more. I think the way he handled it was ethical and honest. I can't believe that people anywhere could suggest otherwise. I'd rather do business with ethical people, than those who use the law as cover for their unethical behavior.

Legal, but unethical

Last edited by 54ny77; 03-15-2012 at 10:43 AM.