Fact Pattern
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 15-1B.If Start-Up stops paying the rent,it is most likely that liability or loss for the unpaid amount will rest with

Question

Fact Pattern 
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 15-1B.If Start-Up stops paying the rent,it is most likely that liability or loss for the unpaid amount will rest with

Quizplus · Accepted Answer

Rico signed a guaranty that made him personally liable for the lease's performance. If Start-Up Games, Inc. stops paying rent, Rico will be responsible for the unpaid amount under the terms of the guaranty he signed. Tower Office Suites is not liable since they have a contract with Start-Up Games, Inc. and Rico personally guaranteed the lease performance. The other tenants on the same property are not responsible for the unpaid rent.

Fact Pattern Rico Signs a Lease on Behalf of Start-Up Games,Inc. ,With