posp. |
be liable for one's debts (Alexander Demidov); be liable for debts (Any party might be liable for debts that they've agreed to guarantee. | Neither partner is liable for the other's debts unless one acted as a guarantor for the other or agreed to a joint liability. However, your partner can be liable for debts relating to council tax or a social fund loan. | It must be noted that any partner exiting the business could be liable for debts incurred after they have left UNLESS they provide the required notice to the ... | Although it was admitted that those who were mere investors ought not to be liable for debts arising from the management of a corporation, throughout the late ... WK Alexander Demidov) |