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-   -   Corporate Credit Card liability to officer (https://www.askmehelpdesk.com/showthread.php?t=312461)

  • Feb 3, 2009, 11:02 AM
    Stecky
    Corporate Credit Card liability to officer
    Can a collections company working on behalf of credit card companies utilize "Quantum Meruit" in order to collect from officer of corporation, where no personal guarantee exists?
  • Feb 3, 2009, 11:28 AM
    JudyKayTee

    They can certainly attempt it - do I think they'll win? No. Of course, an IMPLIED guarantee can form a contract and that will be the argument. I've seen this argued based on where and how the card was used. One personal purchase/use and the officer is liable.
  • Feb 3, 2009, 11:36 AM
    Fr_Chuck

    As long as all purchases were done properly, no personal purchase and no personal promises made.

    Thus the reason to have a corporation

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