My customer signed a personal guaranty and added his corporate title below
his signature. I think this is a problem. How should I respond?
Answer: : Send the customer
another personal guaranty. Include a copy of the first guaranty and explain
you need their signature without their corporate title because you think
the corporate title on the previous guaranty makes it difficult to know
whether the person signing understood that the guaranty obligated him
personally for the debts of the company. |