ASSUME you are a bank officer who has recently approved a loan to a company and, as security, you have taken a guarantee from three directors. Through an unfortunate turn of events, the company defaults and is wound up.
Business Times Singapore
Low, Kee Yang.
A Case of Signed but Not Necessarily Sealed: Hong Leong Finance. (1994). Business Times Singapore. Research Collection School Of Law.
Available at: http://ink.library.smu.edu.sg/sol_research/426