Legal Question in Business Law in Iowa
Customer Credit writeoff
When is it legal to write off or absorb a customer non-refundable cash credit?
Asked on 1/12/07, 2:28 pm
1 Answer from Attorneys
Robert Luedeman
solo practitioner
Re: Customer Credit writeoff
There's nothing set out that I know of, but I am sure that after the statute of limitations has lapsed on any possible claim on the underlying transaction it would be time.
Answered on 1/12/07, 2:43 pm
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