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Could you then work around this law by issuing a note of credit to the customer, and then taking their cash to pay off the note?
by maximilianburke 15y ago
Could you then work around this law by issuing a note of credit to the customer, and then taking their cash to pay off the note?
- mikeash 15y agoI think you could, but I think there would be some risk involved. The customer would rightfully own the item before you received payment, and if he walked off with it without paying he would not be stealing, but rather defaulting on a debt. To collect, you would then be subject to all of the relevant laws surrounding debt collection etc. rather than having a simple stolen property claim.