Q: Discover Bank issued a credit card to my Sole Proprietorship but did not require me to sign a Personal Guarantee.
Am I personally liable for credit issued to my Sole Proprietor Name and Tax Identity Number if the credit card did not ask for my name and SSAN? They did not have me sign a Personal Guarantee?
A: As a sole proprietor, you are personally liable for the business debts. You are the sole proprietor entity.
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