Friday, June 25, 2010

Ideas of what constitutes "prompt payment"

I have just had sight of a potential contract which offers, in case of overpayment to a party in Italy, a "prompt refund".

Well, having a penchant for asking awkward questions, I wondered "What constitutes 'prompt'?".

The answer was "180 days maximum".

!!!

However, I guess that is more prompt than never getting repaid at all :) Sphere: Related Content

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