A supplier of ours is calling in the Receiver in 10 days time to wind up a very indebted business. We owe them about £4k. Most of the products we purchased are of a technical electrical/mechanical nature and come with 12 months warranty. They only act as the distributor for a BIG company. The BIG company do not recognise us as an end user and we have no direct line of communication with them. As our supplier (distributor) will be unable to honour the warranty, should we seek a discount and try and cover the warranty ourselves? What is the legal (and moral) position?
2007-03-20 06:46:02 · 5 answers · asked by Gordon S 2 in Business & Finance ➔ Other - Business & Finance
Thanks for the answers, even the final abusive one! How would you feel if you had been supplied items by a company who could not honour the warranty? You wouldn't want to pay them in full. For the record, I have started 4 business in the last 10 1/2yr, all of which are still successfully trading and paying suppliers on time......so I am not "that" sort of person!
2007-03-21 02:40:08 · update #1
The liquidators will look at all outstanding monies the company is owed and will contact you at some point for payment. These funds will then in turn be used by the liquidators to clear as much debt as possible to companies who your supplier owed money to.
2007-03-20 06:56:44 · answer #1 · answered by Smarty 6 · 0⤊ 0⤋
Morally, you should pay what you owe.
Legally, if the supplier normally handles all of the warranty claims they usually do it through the manufacturer. You have just as much right to go directly through the manufacturer as they do.
Financially, if you want to claim that the warranty coverage has a per item cost, then you should subtract that from your payment and explain why when you submit the payment.
If you decided not to pay at all, there is very little likelyhood that they will come after you as 4K is not that much. This company most likely has much larger sums unpaid or it might not be going out of business.
Take care,
Troy
2007-03-20 07:00:35 · answer #2 · answered by tiuliucci 6 · 0⤊ 0⤋
Yes if they have honoured the Contract of Sale you must honour you side of it.
The warranty is between the manufacturer and the end User and therefore the manufacturer must honour the warranty.
2007-03-20 07:01:31 · answer #3 · answered by Arthur P 2 · 0⤊ 0⤋
Most likely it's people like you who ran this company into the ground in the first place. Pay your debts.
Think of all the lives ruined because you didn't pay on time.
2007-03-21 02:25:30 · answer #4 · answered by ReasonsHero 1 · 0⤊ 0⤋
You would have to pay them (or the receiver eventually) and they can even chase you legally.
Saying that, They however also have to honour your warranty.
I belive the receiver will take this into account prior to asking you pay back.
Good Luck
2007-03-20 06:54:05 · answer #5 · answered by nubyasly 1 · 0⤊ 0⤋