Texas  |  Business Law

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12/27/01, 4:02 pm

Legal Question


Payment of invoice to private contractor

Is it legal for a company to deduct a 2 or 3% of a invoice if a contractor requests payment of net 10 days or net 30 days? A company I know deducts 3 percent from the total invoice if a contractor requests net 10 days.

--name removed---name removed--

pmorgan@kmg.com


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