What is a guarantor? and should you agree to accept liability for someone else’s debt. Someone who agrees to stand as guarantor for another person’s debt becomes personally liable if the money is not repaid. If you sign such a guarantee you are promising that if he/she does not pay, you will. Only written guaranteesContinue reading “Guarantor/ Surety.”
Tag Archives: contracts
Misrepresentation
What to do when someone misrepresents facts to induce you into an agreement or contract? When you enter into a contract you have bound yourself to perform the terms of that contract. The law expects you to do what you agreed to. However, there are situations where you can back out of a contract andContinue reading “Misrepresentation”
The Legal Digest 