How does a rolling contract work?

a contract that continues until someone decides to end it, rather than one that continues until a particular date: You may be asked to consider whether you prefer a rolling contract, i.e. one which continues until the required period of notice is given.

Is the rolling contract legal in the UK?

For consumers, this would attract legislative protection but for small businesses, no such protection is available. Whilst other jurisdictions have sought to address this imbalance in business-to-business (B2B) contracts [iv], the UK is yet to adopt such an approach.

What happens at the end of the rolling contract?

You may forget about this contract over the next 24 months, but decide to try a new supplier at the end of the 2 years. However, if the original contract contained a provision which provides for the contract to automatically renew for a further period, you may (unless notice has been given in the right way) be stuck with the old supplier.

Is it enforceable to sign a B2B rolling contract?

If that is what the contract (which you agreed to at the start) then it’s enforceable. First thing is to check the original contract to see what you signed up for. As above, it’s a b2b contract, so it will be down to what’s in the contract, not trading regulations.

Is it legal to have a rolling contract with a gym?

I can spell, my iPad can’t. Even in the much more protected area of B2C contract, rolling contracts are perfectly legal. Look at 90% of gyms and you’ll find they do rolling contracts with a minimum 12 month term.

Can a rolling contract be an enforceable contract?

A rolling contract can be enforceable. As long as it is capable of being terminated it will not fall foul of the rule of perpetuity which says that a contract cannot be legally binding forever and must be capable of being terminated. Best wishes

Is the rule of perpetuity applicable to rolling contracts?

As long as it is capable of being terminated it will not fall foulof the rule of perpetuity which says that a contract cannot be legally binding forever and must be capable of being terminated. Best wishes Ask Your Own UK Law Question Customerreply replied 9 years ago

What makes a legally binding contract legally binding?

Legally binding contracts are valid under federal and state laws. They include an offer, counteroffer, and ultimately a meeting of the minds. Legally binding refers to each party obeying the terms of the contract and performing the duties outlined therein.