Can a officer of a corporation liable for signing a personal guarantee in securing a lease for a building?
and hold the possibility of mortal sued for its personal assets if corporation is unqualified to foot lease
Answers:
If they signed a personal guarantee. Yes, to be precise exactly what a personal guarantee is for.
If they did not sign a personal guarantee, next it would be up to the other carnival to prove the Corporate veil be broken, afterwards and with the sole purpose afterwards could the officer be held intuitively liable and sued.
Sorry...I know this isn't what you looked-for to hear
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Answers:
If they signed a personal guarantee. Yes, to be precise exactly what a personal guarantee is for.
If they did not sign a personal guarantee, next it would be up to the other carnival to prove the Corporate veil be broken, afterwards and with the sole purpose afterwards could the officer be held intuitively liable and sued.
Sorry...I know this isn't what you looked-for to hear