Georgia Invoice Limitations Explained
Summary
In Georgia, the statute of limitations for invoicing under written contracts is six years, while oral agreements have a four-year limit. An open contract is not finalized but holds parties accountable to agreed terms, whereas an oral contract is a legally binding verbal agreement. Paying previous invoices can imply a contract, showing acceptance of terms. Understanding these distinctions is important for contract enforcement.Full Conversation
In Georgia, is there a statute of limitations for invoicing a customer after they have received their merchandise
In Georgia, the statute of limitations for written contracts, including invoices, is generally six years. For oral agreements, it's four years.
Do you need more detailed information on this, or do you have any other questions about this matter?
What's the difference between an open contract and an oral one
- An open contract generally refers to an agreement that is not yet finalized or lacks certain specific terms but still holds parties accountable to the terms that are agreed upon.
- An oral contract is a verbal agreement between parties that is legally binding, despite not being written down.
Do you need more information on how these contracts are enforced in Georgia?
Do previous invoices to the customer imply a contract of they're paid them
Paying previous invoices can imply a contract, as it demonstrates an acknowledgment and acceptance of the terms. However, the specifics can vary.
Could you clarify if there was any written agreement or terms mentioned in the invoices? This will help in providing more accurate information.