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Explain the concept of mindfulness and the outcomes some companies have experienced from employee mindfulness programs.
Personal Guaranty
A legal commitment by an individual to repay a loan or debt in the event that the primary borrower defaults.
Main Purpose Rule
A legal principle that exempts a guarantor from the requirement of a written contract if the primary intent of the guarantee is to serve the guarantor's own interests.
Debtor
An individual or entity that owes money to another party.
Foreclosure Proceeding
A legal process by which a lender seeks to recover the balance of a loan from a borrower who has stopped making payments by forcing the sale of the asset used as the collateral for the loan.
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