Not exact matches
Then, there are external factors beyond a business
owner's control like retailers that were held
responsible for accounts being compromised through their debit and
credit card payment systems.
Merchant banks can outfit business
owners with
card readers and equipment to accept
cards, and they are
responsible with depositing funds into the merchant's account once a
credit card sale goes through.
While you'll have access to the account, the
credit card owner is still
responsible for payment.
The rare case when an officer or
owner of a business is not personally
responsible for the purchases made on a business
credit card.
Having a
credit card is very helpful especially for emergency buys and large purchases, nevertheless you as a
credit cards owner should always be
responsible enough to pay for your bills.
The business
owner is personally
responsible for the debts on a business
credit card account.