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You Are Going to Lend Money to a Corporation Owned

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You are going to lend money to a corporation owned by Mr.X.You are requiring that Mr.X and his wife,Ms.Y,sign personal guarantees agreeing to be responsible in case of default.Why might you be concerned about your ability to enforce the guarantee against Ms.Y,and how should you protect your position?

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You should be concerned that if you have...

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