Question: Case E: John Hildreth was the sole shareholder, director, and officer of a New Jersey corporation known as HCE Inc. (HCE-NJ). The corporation engaged in

Case E: John Hildreth was the sole shareholder, director, and officer of a New Jersey corporation known as HCE Inc. (HCE-NJ). The corporation engaged in the construction business as a subcontractor on various commercial construction projects. It began doing business in Maryland. Hildreth did not register HCE-NJ in the state as was required by Maryland law. Registration requires that the corporation have a resident agent in Maryland and that is certify the address of the corporation and the name and address of the resident agent. When HCE-NJ began to do business in Maryland. There was already existing a Maryland corporation by the name of HCE Inc. (HCE-Md). It was properly incorporated in the state and had no connection with Hildreth or CE-NJ. Soon after HCE-NJ began doing business in Maryland, HCE-Md began receiving calls from suppliers with which it had no connection, complaining about unpaid bills, as well as suit papers intended for HCE-NJ. Ultimately, the Maryland corporations president learned of Hildreths existence and threatened legal action if Hildreth did not step using the HCE name immediately. Such use did not stop. Instead, Hildreth registered NCE-NJ with the Maryland Department of Assessments and Taxation. By this time, HCE-NJ stopped making payments on a crane it had been leasing from Tidewater Equipment Company. That company then claimed Hildreth was personally liable. Is Hildreth personally liable on the lease agreement? Explain.

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