"David L. Martel" wrote in message
m...
Dennis,

When someone buys a business he assumes the responsibilities and must
honor them.

Depends.

Most folks who buy a business try to structure things so that they aren't
subject to any "surprises."

They buy the physical assets and the "good will" and the trademark but don't
necessarily assume responsibility for the obligations of the previous owner.

That's quite legal in general.

State and municipal "Comsumer Protection Laws" might attempt to create an
obligation to honor old contracts when a new business uses the old name.

Unless you can find the previous owner you likely are SOL. If you can find
him you mihgt be able to get your money back but that assumes he has any
money in the first place.


** Posted from http://www.teranews.com **