Legal Question in Business Law in Georgia
Closing down a c corp business
It's time to shut the doors. All payables can be paid. Can current customers return product for a check of goods sold previously to them?
2 Answers from Attorneys
Re: Closing down a c corp business
I'm not sure I fully understand your question, but, generally, customers cannot be forced to return for a refund purchased products unless there is some contractual right by the seller.
If you would like to discuss any issues further, please feel free to contact my office. My contact information is below. Thank you.
The foregoing is general information only, not specific legal advice. No attorney/client relation has been created or should be implied.
Re: Closing down a c corp business
There are specific dissolution procedures that are required in ending a corporation, just as there are specific incorporation procedures in staring a corporation. Some of these are discussed on the Georgia Secretary of State web page. Determining if you should or should not dissolve the corporation is fact specific, and without more information, I cannot speculate as to which is best for your situation/company.
In reference to the customer return, the customer�s return is governed or controlled by the terms of your store�s return policy.
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