How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Ash Your Own Question
Ash
Ash, Solicitor
Category: Law
Satisfied Customers: 10916
Experience:  Solicitor with 5+ years experience
75100385
Type Your Law Question Here...
Ash is online now

I owned a Meat Wholesale Ltd Co which has gone into administration.

Customer Question

I owned a Meat Wholesale Ltd Co which has gone into administration. I had 6 or 7 buyers who attended Livestock Auctions up & down the country.
All the Auctions Marts charge my company with the purchases & never to my buyers.
Could any of my buyers be liable for my company debt.
Submitted: 1 year ago.
Category: Law
Expert:  Ash replied 1 year ago.
Hello my name is ***** ***** I will help you.
If they were acting on behalf of the company then no. This is because they were acting for the company and the company is vicariously liable for any debts they incur whilst in the course of business on behalf of it.
Unless the auction house had a personal guarantee with the individual then they are not liable.
Can I clarify anything for you about this today please?
Alex