Oregon  |  Business Law

Legal Question

Asked on: 8/27/04, 4:48 pm

Buying Consignment Store - who pays prior consignors??

I am buying a consignment store for 20K. The owner had initially said she

would issue a check at time of sale for 1800 to cover amount owed

consignors. Now she is saying that by buying the business I am buying that

liability - that its my responsibility to pay the consignors. I feel that if I am

having to pay this money then it should come off the purchase price. This is

money that she has already been paid that had been set aside for the

consignors. Any information would be very helpful!!

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