Explain the best solution. Include comments related to ethical issues that may arise.
Matt is unable to obtain a loan without some type of additional reassurances. Matt comes to you for assistance. You are willing to help Matt, but you want to protect yourself from liability as much as possible. Would you prefer a surety or a guaranty? The bank issuing the loan to Matt also wants to protect itself as much as possible. Would the bank prefer a surety or guaranty? Is your oral assurance enough to form a surety or guaranty?
|$5.00||Business, Finance||Bilbo||1 time(s)|
|$6.00||Business, Business||aj001||0 time(s)|