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I would have a problem with this if my company required it. You are on the hook until you get reimbursed. What if something happens to the company? The agreemen
by darkstar999 11y ago
I would have a problem with this if my company required it. You are on the hook until you get reimbursed. What if something happens to the company? The agreement with the CC is that you are liable, not the company.
- conductr 11y agoI would think that most employees are already in this risk situation. For example, they are spending borrowed $ on living expenses, or know they have bills coming up (mortgage, etc), and they are doing so because of implied confidence that a paycheck will be deposited into their bank account which will allow them to pay those bills on time.
- darkstar999 11y agoBut those are personal expenses, whereas the credit card is business expenses. If you are spending future money you may want to get your finances in check.
- rweidenmiller 11y agoJust going through the statements here that are not correct - to clarify for you, this is a corporate debit program that would not require reimbursement. So you are not liable so long as the company approved you and empowered you to make such a purchase.