when protecting your assets using a one-entity approach, do I sign Commercial Lease for the Inc. and myself?
1 Answer from Attorneys
No, personally guaranteeing any business obligation is the best way to defeat the entire purpose of having a corporation, since you are in effect giving up your liability shield. Doing this is the most common single reason why small business owners usually end up needing to file a personal bankruptcy after a business failure of an incorporated entity.
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