Do you have an affiliate agreement? What happens if you direct plenty of traffic to the advertiser, but you never seem to see a check? What happens if such an agreement directs plenty of traffic to you … but you never reach for YOUR checkbook?
If you are going to buy or sell in the United States, you need to read the Uniform Commercial Code or, at the very least, skim it and file it away for future reference. It can not only help you press your claims against others, but prevent you from doing business in a way that will give them valid claims on you.
Recently I had cause to reach for the UCC (Uniform Commercial Code ) at Cornell University because I do bookkeeping for a small company and many of its customers are refusing to pay because their invoices did not get submitted when they should have (I just started).
What do you think … can they do that and get away without paying anything? They don’t argue that the work wasn’t done or even that it was previously paid for. They don’t dispute the amount being billed at all. They just don’t want to reach that far back into their records to verify the invoices from their own records.
The UCC or ‘The Code’, lays the foundation principles for many, many other regulations regarding the conduct of commerce. For instance, let’s say that you sold me something valuable, say an old baseball trading card worth a few hundred dollars. When it got to me, I declared it junk and refused to pay for it, notifying my credit card company that I had been had. I have your stuff AND I have your money. Short of violence, what recourse do you have?
Education won’t solve every problem … but it will take care of more of them than ignorance will.
Uniform Commercial Code
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