Legal Question in Business Law in Iowa
Money Owed to Business vs Money Owed by Business Owner
I provide services to a country club. My business is a separate entity. I also was a member of the club.
I provided some billable services for the club and upon receiving payment noticed that they withheld PERSONAL charges from the payment made to the business.
Is this legal?
Asked on 12/18/06, 10:48 am
1 Answer from Attorneys
Robert Luedeman
solo practitioner
Re: Money Owed to Business vs Money Owed by Business Owner
It would make a difference if your business is incorporated, but if you are a partnership or sole proprietor there's no way of insulating the accounts.
Answered on 12/18/06, 11:35 am
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