Legal Question in Business Law in Tennessee
Promissory Notes
Is it legal to deduct $ for personal use of company credit card?
Can this $ be deducted from a person's paycheck if they sign an agreement to do so?
I was having trouble finding answers to the above questions.
Asked on 2/02/04, 1:34 pm
1 Answer from Attorneys
James R. Becker, Jr.
Becker Law Firm
Re: Promissory Notes
Provided that the deduction does not cause your wages to fall below the federal minimum wage ($5.15/hr), in Tennessee, the answer is yes. If the deduction does cause your wages to fall below minimum wage, then you may have a claim for the unpaid amount of these wages. Of course, at the same time, your employer also has a claim against you for the personal use of the credit card.
Answered on 2/03/04, 3:51 pm
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