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What questions can you legally ask a bank or business when checking credit references?
In order for the bank to legally answer your questions you would have to have a document signed by the person in question stating that the bank can realease that information to you. The information that is usually asked for includes; average account balances, how long accounts have been open, overdrafts, times late on loans, high credit limit and things like this.
What else can I help you with?
What questions can you legally ask trade references?
A Trade reference is a reference that educates you to evaluate the risk of dealing with your customer. The questions that you can legally ask a trade reference are about the authenticity of the customer and about his financial position.
For a small business, what are the benefits of opening a business checking account rather than using a personal checking account?
There are several benefits from opening and maintaining a business checking account rather than using your personal checking account. When you use a business checking account you are segregating your business funds from your personal funds, thus creating better organization for your business. Also, having the business checking account will help at tax time because all your business transactions will be within the business checking account and there will be no need to sort through your personal transactions. Finally, the business checking account will allow you to use a taxpayer identification number (TIN) so the funds can legally be owned by your business, instead of using your social security number on the checking account. For a small business, opening a business checking account allows you to get more interests. In addition, transactions are processed faster compared to a personal account.
Are partnerships allowed to earn interest on their checking accounts?
No reason in the world why a legitimate business couldn't find a bank that will give them interest on their checking account. It isn't a common thing, but there is certainly nothing that prevents it legally.
When could women legally get a checking account on their own without a cosigner in the US?
women could legally get a checking account on their own without a cosigner in the U.S. in present day today.
Can a business legally trespass you without providing a reason?
No, a business cannot legally trespass you without providing a reason.
Can your sister legally take your moms money out when you both were on it?
Can my sister legally take my moms checking and savings out when we were both executors
For which form of business ownership are the owners of a business legally distinct from the business?
corporation
List 5 ways a business can be set up legally?
list 5 ways a business can be set up legally?
Do business brokers need a license to operate legally?
Yes, in most states, business brokers need to be licensed to operate legally.
Does a business broker need a license to operate legally?
Yes, in most states, a business broker needs to be licensed to operate legally.
When can a business legally refuse service to a customer?
A business can legally refuse service to a customer if the customer's behavior is disruptive, if they are not following the business's policies, or if serving them would violate the law.
Do sole proprietors need a business license to operate legally?
Yes, sole proprietors typically need a business license to operate legally.
