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?
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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?
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.
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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