Warren Park Partners, Ltd. borrowed $34.8 million from GE Financial to buy land in Frisco, Texas. At the time the loan agreement was made, Silverman and his partners signed a guaranty by which he "absolutely, unconditionally and irrevocably guaranteed" the full payment of the principal and interest of all sums due under the loan agreement.
Silverman also signed a "Limited Joinder," which guaranteed full and complete repayment of the loan even if Warren Park went bankrupt. Warren Park defaulted on the loan agreement and went into bankruptcy, so GE demanded payment from Silverman.
When he failed to pay, GE sued.

1. Suppose there were multiple witnesses to back up what Silverman said-that a GE representative told him the new terms of the loan really did not matter. Should that fact not be taken into consideration?
2. Does the Illinois Credit Agreement Act help or harm parties to loans?