Legal Question in Business Law in California
We are a distributor and do not work for the company can the company ask for a product retainer?
Asked on 5/06/13, 10:52 am
1 Answer from Attorneys
Jim Betinol
Withrow and Betinol Law
If by product retainer you mean an advance on certain sales, then such a contract term is not unheard of. However, as these types of clauses can be financially risky, I would highly recommend that you speak with an attorney to review the agreement.
Our office provides free initial consultation if you wish to speak further about this agreement.
Kind regards,
Jim Betinol
Answered on 5/06/13, 12:26 pm
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