menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law in Canada
  4. Exam
    Exam 11: Corporations
  5. Question
    Explain the Significance of a Personal Guarantee
Solved

Explain the Significance of a Personal Guarantee

Question 62

Question 62

Essay

Explain the significance of a personal guarantee.

Correct Answer:

verifed

Verified

A personal guarantee is a guarantee of p...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q57: If a corporation had been wronged by

Q58: Explain the concept of a promoter.

Q59: The corporation can also borrow funds, thereby

Q60: What does it mean to be a

Q61: What is the significance of a corporation

Q63: In Salomon v. Salomon & Co., Mr.

Q64: Where a corporation is not able to

Q65: The provincial agency that serves as watchdog

Q66: A director can be held responsible for

Q67: Explain under what circumstances a shareholder will

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines