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Law Pro
Law Pro, Attorney
Category: Business Law
Satisfied Customers: 24870
Experience:  20 years experience in business law - sole proprietor, partnership, and corporations
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Can a publicly owned corporation cancel a small businesses

Resolved Question:

Can a publicly owned corporation cancel a small businesses vender number for no reason?
Submitted: 8 years ago.
Category: Business Law
Expert:  Law Pro replied 8 years ago.
What has happened here - please explain further.
Customer: replied 8 years ago.
Have been doing business with a publicly owned corporation for about 15 years with no problems.Now for some reason that I can not explain, it looks like they are tring to find a reason to take my vendor number so I can not do business with that corportion. I am a small family owned business. Can they do this with no justification?
Expert:  Law Pro replied 8 years ago.

Are you purchasing or selling to this business?

Customer: replied 8 years ago.
We have service oriented business ( fabrication and machine work)
Expert:  Law Pro replied 8 years ago.
So, they are your customer - you do work for them - correct?
Customer: replied 8 years ago.
Yes
Expert:  Law Pro replied 8 years ago.

Sorry to say, unless you have a contract with them - they can cancel at their option doing business with you at any time and without any notice whenever they so choose.

 

 

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