1. Imagine that you want to obtain a loan from a bank for a business that you operate through a corporation. The bank wants assurances that the loan will be repaid. It gives you a choice to advance the loan to the corporation and for the bank to obtain from the corporation a mortgage registered against land owned by the corporation, or to advance the loan to the corporation but to ask you to give the bank a personal guarantee of the loan. What are the advantages or disadvantages under either scenario?