In the event of default involving a commercial loan,the potential claims against any shareholders personally are defined by the contracts of guarantee they sign with the bank.

Question

Quizplus · Accepted Answer

The potential claims against shareholders personally in the event of a default on a commercial loan are indeed defined by the contracts of guarantee they have signed with the bank, as these contracts outline the conditions under which shareholders are personally liable.

In the Event of Default Involving a Commercial Loan,the Potential