discussion board 652

Read Case 26.2 in your text. Research any additional information you need in the full opinion to answer these questions.

Discuss the facts of this case
Explain how a personal guarantee impacts the protections provided by the particular business formations
What advantages do personal guarantees provide
What disadvantages are there for personal guarantees

Support your answers with information from this week’s learning segments.

Be sure to provide in text citation and source information in APA format including a working URL

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26.1 Case– Mortgages and Liens

•Case

–Old Republic National Title Insurance Company v. Fifth Third Bank

–2008 Ohio App. Lexis 4423 (2008)

–Court of Appeals of Ohio

•Issue

–What is the priority of the lien and two mortgages on McCarthy’s house?