Fact Pattern 19-1
Rico signs a lease on behalf of Start-Up Games, Inc., with Tower Office Suites. As part of the lease, Rico signs a document titled “GUARANTY,” which states that it is “an absolute guaranty” of the lease’s performance.
-Refer to Fact Pattern 19-1.If Start-Up stops paying the rent,it is most likely that liability or loss for the unpaid amount will rest with
A) no one.
B) Rico and Start-Up.
C) Tower Office Suites.
D) the other tenants on the same property.
Correct Answer:
Verified
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