Legal Question in Business Law in New York

Invoice Payments

A written contract was entered into for the delivery of consulting services. During negotiations, the section governing payment terms was altered. The client insists that they did not agree to net 30 day payment terms. The original draft did state pyament was due net 30 days from date of receipt. What would the law be if there was no contract?


Asked on 8/09/05, 8:27 am

2 Answers from Attorneys
Norman Nadel Norman Nadel, Esq.

Re: Invoice Payments

Customary terms in the trade.

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Answered on 8/09/05, 8:39 am
Walter LeVine Walter D. LeVine, Esq.

Re: Invoice Payments

Reasonable payment terms would be required, with a court looking to what is usual and customary in the industry. However, it is possible that if the consultant were seen as an employee rather than an independent contractor shorter terms governed by employee-employer laws might control.

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Answered on 8/09/05, 10:25 am


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