Legal Question in Credit and Debt Law in California
financial obligation?
I know the ethical answer, but I'm not convinced of the legal answer..
If a company pays me twice on one invoice and then finds the mistake months later, do I have a LEGAL obligation to repay them for the double-payment?
Asked on 5/02/09, 4:14 pm
1 Answer from Attorneys
Michael Stone
Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE
Re: financial obligation?
Yes. You received the second payment as an involuntary trustee and you have a legal obligation to hold this money in trust for the rightful owner. This is known as the law of Restitution.
Answered on 5/02/09, 4:16 pm
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