Saturday, September 22, 2007

Another installment of : The Things You Learn When Studying Law
Credit cards.

If you have a credit account and decide to offer a credit card as a gift to someone (ie you make another card for your account and give it to your kid), depending on the contract the recipient signs, he COULD be held accountable for the debt of the account.

So, next time someone gives you a credit card, they might want you to pay off their debts...

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