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S.C. Code Ann. § 39-57-70 – Business opportunity contracts to be in writing; terms to be included | Midpage
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South Carolina Code of Laws
Title 39
Chapter 57
§ 39-57-70
S.C. Code Ann. § 39-57-70
Business opportunity contracts to be in writing; terms to be included
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(a) Every business opportunity contract shall be in writing and a copy shall be given to the purchaser at the time he signs the contract.
(b) Every contract for a business opportunity shall include the following:
(1) The terms and conditions of payment;
(2) A detailed description of the services that the business opportunity seller undertakes to perform for the purchaser;
(3) The seller's principal business address and the name and address of its agent in the State authorized to receive service of process;
(4) The approximate delivery date of any product, equipment or supplies the business opportunity seller is to deliver to the purchaser.