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2. What does all monies mean Normally a personal guarantee secures a company by stating that the guarantor will be liable for all monies due and owing by the primary contracting party. Everything a Small Business Needs to know about Personal Guarantees February 14 2017 Written by JHK Legal Lawyer Hayley Tibbie What is a personal Guarantee A personal guarantee is a written promise to guarantee the liability of one party for the debts of another party. Conduct a company search. That way you...
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