Yes. A close corporation, company or trust is often an empty shell with no assets, which obviously makes it very difficult to enforce any claims based on breach of contract. A suretyship will ensure that the representative can also be held liable.
Yes. A close corporation, company or trust is often an empty shell with no assets, which obviously makes it very difficult to enforce any claims based on breach of contract. A suretyship will ensure that the representative can also be held liable.