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a.Ilham wants to operate a Food Truck Business. He plans to purchase a truck from Lee Lee Motor which will be financed by Maju Jaya

a.Ilham wants to operate a "Food Truck Business". He plans to purchase a truck from Lee Lee Motor which will be financed by Maju Jaya Bank. Ilham approaches his old friend, Joel to become a guarantor for his hire purchase agreement with Maju Jaya Bank. Joel however quite unsure whether there would be any kind of liability if he becomes a guarantor to Ilham. Advise Joel.

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