Important:
This petition was submitted during the 2015-2017 parliament
Petition To change the law on business transfer contracts, to allow cooling off period
My friend was put under pressure by a business sales agent to sign a contract to sell her business, he did not mention that there was no cooling off period.
More details
There are examples of companies using business transfer contracts with the sole intent of taking small businesses to court. Defending these cases causes financial hardship, loss of business and severe stress and strain.
This petition is closed This petition ran for 6 months
49 signatures
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10,000 signatures required to get a government response