The business entity named below (Buyer) is applying for credit for the purchase of goods from Harlow & Ratner (Seller), and agrees to abide by Seller's standard terms and conditions as noted below.
1. Buyer's Status. Buyer warrants that Buyer is qualified to purchase books from Seller at wholesale rates for resale, and holds any permits or licenses required by Buyer's state or locality to engage in such business. The person named below warrants that he/she is authorized to enter into this agreement on behalf of Buyer.
2. Credit Investigation. Seller reserves the right to make such credit investigation as Seller sees fit, including obtaining credit reports and contacting any credit or banking references which Seller may require of Buyer as a condition of extending credit. By signing this agreement, Buyer authorizes all trade references, banks, and credit reporting agencies to disclose to Seller any information relevant to Buyer's financial and credit history.
3. Credit Limit. Seller may establish a credit limit for Buyer's account, and may refuse to extend additional credit if Buyer's account is past due or exceeds the credit limit.
4. Discount; Non-returnable Sales. Buyer may purchase books at Seller's standard wholesale discount terms, published elsewhere on this site. Books are sold on a non-returnable basis; credit will be given only for shortages or books reported as damaged upon receipt by Buyer. If Seller elects to have damaged books returned, Seller will assume the cost of return shipping.
5. Invoices; Due Date. Buyer agrees to pay Seller based on invoices issued within 3 business days of shipment date. Invoices become payable on presentation, and are past due if not paid within 30 days of the original invoice date. Statements are not ordinarily issued unless by prior arrangement between Seller and Buyer.