If I received a final payment receipt from a company and paid the full balance, can it charge me an additional amount if it realized its calculations were wrong in the total price?
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If I received a final payment receipt from a company and paid the full balance, can it charge me an additional amount if it realized its calculations were wrong in the total price?
Asked on January 9, 2013 under Business Law, Nevada
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 11 years ago | Contributor
It depends on the situation. If you paid the price that was agreed to and there had not been any way that you could know that the price was wrong, then no, they cannot charge you more. Example: they gave you a net price, including shipping, but then only after the fact realized that shipping was more expensive than they thought and they "should" have charged you more. In that case, they have to absorb the extra cost themselves; you paid what they quoted you and you agreed to pay. On the other hand, say there was a simple mathematical error, but you had all the information necessary to know what the price should have been; in that case, they can correct their mistake. Example: you hired a contractor for your house who told you in advance you'd pay for materials and labor, and even gave you a materials quote; however, the bookkeeper forget to add the materials cost into the final bill. When they discover that, they can charge you for materials, since you knew you should have paid it. The issue, therefore, is what you agreed to.
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