Could someone here talk more about the "no shop" clause, which seems 100% geared toward giving a buyer better than a competitive price. But, the document says it is the only term that is legally binding!
How is "nothing in this document is legally binding and the buyer doesn't have to buy, EXCEPT for the term that the seller may not talk to any other buyers in any way." What kind of sense does that make? Would you "accept" an offer to sell your car that says it isn't binding in any way except that you may not talk to anyone else about selling your car to them, for the next 30 days?
Also since it says it is "legally binding" what are the remedies? What is the history of such a term?
Why would founders agree to it and actually follow it?
How is "nothing in this document is legally binding and the buyer doesn't have to buy, EXCEPT for the term that the seller may not talk to any other buyers in any way." What kind of sense does that make? Would you "accept" an offer to sell your car that says it isn't binding in any way except that you may not talk to anyone else about selling your car to them, for the next 30 days?
Also since it says it is "legally binding" what are the remedies? What is the history of such a term?
Why would founders agree to it and actually follow it?