Legal Question in Business Law in Michigan

personal guarantors

Is it legal for a company extending credit (to another company) to require a personal guaranty from the owner or they will not extend credit?


Asked on 11/05/03, 10:31 pm

1 Answer from Attorneys

Gary Weingarden Gary D. Weingarden

Re: personal guarantors

Yes.

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Answered on 11/05/03, 11:59 pm


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