(Solution) - South Shore Imaging Inc agreed to lease a Konica laser -(2025 Original AI-Free Solution)

Paper Details

South Shore Imaging, Inc., agreed to lease a Konica laser imager machine from Key Equipment Finance. The lease contained a guaranty section to be signed by the officers. The officers returned the lease with their signatures but added their corporate titles in handwriting. Key then demanded that the document be re-executed without the reference to corporate capacities. The officers did so. Key later sought to recover from the individual officers for breach of the lease. Should the court hold them liable? Explain. [Key Equipment Finance v. South Shore Imaging, Inc., 69 A.D.3d 805, 893 N.Y.S.2d 574 (2010)]