Charging on open accounts after business sold

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In New York City/NY: This involves a business that was sold by valid contract. After the sale the purchaser charged materials and parts to a open credit account established by the seller with a local vendor. Purchaser did not pay when invoices were sent to the business location. Subsequently negative credit rating was placed upon the seller's credit report as he was original guarantor of the credit account. The legal question involves whether or not the seller still has an obligation to make the payment for the materials and parts charged by the purchaser, in order to clear the credit report.Also does the seller have a cause of action against the purchaser for the non-payment of the invoices for charges to an account he was not entitled to charge to. (without modification by the vendor of the credit terms and authorized users.) Does he have an action against the vendor for granting credit to the purchaser after the sale of the business (assuming vendor was given proper notification regarding the sale.)

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Open credit card account

1. The legal question involves whether or not the seller still has an obligation to make the payment for the materials and parts charged by the purchaser, in order to clear the credit report.
Yes, the seller has an obligation to make the payments. The seller should have closed the account.

2. Also does the seller have a cause of action against the purchaser for the non-payment of the invoices for charges to an account he was not entitled to charge to.
Yes, the seller has a cause of action against the purchaser for this.

3. Does he have an action against the vendor for granting credit to the purchaser after the sale of the business (assuming vendor was given proper notification regarding the sale.)
Since the account was still open, the seller has no action against the vendor.