My question involves business law in the state of: Texas.
Hello, I just have a quick question, I have a costumer that has been getting services from my company for a very long time, they have always been on net 30 days terms, last month, they change their company name and they sent e-mails to all the vendors, along with all the files attached to that particular e-mail announcement, there was a letter stating that they will automatically upgrade all of the vendors accounts to be paid in net 10 days and for doing us that favor, they will charge us a 3% discount on each invoice that we submit to them, unless we call to tell them that we do not wish that change.
Well, we missed that particular letter and today I get a check from them, in which it was covering about 10 invoices and I see all of this discounts that I had no idea of because I missed that later call them up and they say that they can change my company back to net 30 days, but they cannot refund the discount on the invoices that are already paid. Is this legal? they are buying from me and not the other way around, they have always been in net 30 days and that is also what my invoices to them states.
Thank you in advance for any input.