Full question:
I have been bringing craft items to a local consignment store. I originally signed a contract stating that I must pay a monthly fee and update my items. They re-mark my items for 25% more than my asking price. Over the 10+ years I have brought my items to the store, the store has had 3 different owners. I have never signed a different contract or been asked to do a new inventory with the new owners and had no input into the sale of the business. Now I have terminated my association with the store. Several items are missing-$450 worth plus $40 worth of broken items. The current owners paid me $175 for some missing items, but their lawyer says they are responsible only for the items which I brought in since they took ownership. I thought since my contract is with the store, it shouldn't matter who the owners are-the current owners should be responsible. There is no mention of reimbursement for lost/stolen items in the contract. Is there any way for me to get my money ?
- Category: Contracts
- Date:
- State: Minnesota
Answer:
If the new owners did not assume the previous owner's contracts, the prior owner may still be liable. In cases where liability is unclear, it's common to name multiple parties in a claim, allowing them to sort out responsibility among themselves.This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.