Legal Question in Business Law in California
Commercial Transactions
Can a seller impose interest charges for purchases when no prior agreement for them either written or verbal had been made?
Asked on 1/29/09, 1:09 pm
1 Answer from Attorneys
Daniel Harrison
Berger Harrison, APC
Re: Commercial Transactions
I'm not sure what you mean by "interest charges." Were you late on payment? If so, that could constitute a breach of contract, entitling the seller to interest.
Answered on 2/03/09, 1:39 pm
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