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| Thread ID: 63825 | 2005-11-23 23:29:00 | buying a business if ur 18 | lance4k (4644) | PC World Chat |
| Post ID | Timestamp | Content | User | ||
| 406933 | 2005-11-23 23:29:00 | my 17 year old bro wants to purchase a small business wif sum cash i gave him. will he need me or his parents to co-sign the forms etc when buying the business? | lance4k (4644) | ||
| 406934 | 2005-11-23 23:59:00 | Someone under 18 can't be held to a contract I think, maybe its 16. You're not going to be able to go far without signing contracts. Everything should be put under your parents name I suspect, this would make things a lot easier. | DangerousDave (697) | ||
| 406935 | 2005-11-24 00:35:00 | This will have the "minor" side effect that the co-signers can, and will, be held responsible if it all goes wrong. It's not the sort of thing to be entered into lightly. |
Graham L (2) | ||
| 406936 | 2005-11-24 01:19:00 | The best idea is probably to wait till your brother is 18, so he can sign and take full legal responsiblity for any business he buys. | somebody (208) | ||
| 406937 | 2005-11-24 03:28:00 | my 17 year old bro wants to purchase a small business wif sum cash i gave him. will he need me or his parents to co-sign the forms etc when buying the business? Aren't you the person who wanted to know about getting on the dole, then wanted to know about buying a house and now wants to know about lending money to a minor. Tell me - what's the secret to your success? |
d.murray (276) | ||
| 406938 | 2005-11-24 03:34:00 | If it were me I would look into fake ID, this is a good workaround although some people may frown upon this idea, but when implemented correctly works a treat. | Rob99 (151) | ||
| 406939 | 2005-11-24 04:28:00 | ... fake ID ... when implemented correctly works a treat. Incorrect implementation (that is, being caught) will just add to the load on the Corrections Department, which is already busy building more prisons. I thought "Rob" was a name, not a verb. :groan: |
Graham L (2) | ||
| 406940 | 2005-11-24 05:04:00 | Diversion is your friend. Unless he hasn't been in trouble before. | DangerousDave (697) | ||
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