Does anyone know the legality of a fund raising commitment?

My boyfriend agreed to participate in a fund raising bike ride in September. The minimum commitment is to raise $1000. He has done the ride in previous years and raised $3000 for this charity. When he signed an agreement to participate and raise the funds, it stated that in the event he does not participate or doesn't raise the minimum, his credit card will be charged. Because of a job commitment, he will be unable to participate in the ride this year. Does the charity really have any legal recourse if my boyfriend disputes the charge with his credit card company? I can't believe that a charity is being this hard nosed about it. He signed an agreement, is that the same as a legal contract?

Answers:
If he signed the agreement agreeing to the charges if he fails to participate, I don't see any way the credit card charges could be disputed. He should discuss the issue with the charity and provide documentation from his employer. Maybe they will let him out of the written agreement.


Sounds like a good charity to be involved with

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