https://youtu.be/eMT72t41hPc ( after watch this video pls anwer the question)

1) what are the effect of Bankruptcy on business?" in one or two paragraphs.

Prompt Even if your business files for bankruptcy, you'll remain obligated to pay for any debt for which you agreed to assume responsibility personallyand that might not be the outcome you'd like. For instance, if you signed a business credit card agreement or took out a business loan in your name, or you signed a personal guarantee (Links to an external site.), you'll remain responsible for that debt. Similarly, filing for bankruptcy will only affect your personal credit report if you took out credit in your name or you are a sole proprietor. Please watch this 1.5-minute video that talks about the consequences of a bankruptcy x 0 Watch later Share Watch later Share 0:00 - -1:33 0 Instructions Please watch the video, read the prompt, and respond to the question " what are the effect of Bankruptcy on business?" in one or two paragraphs. Initial Post Please post your initial reply by Thursday (to do so, select the "reply" button) Replies By Sunday, please reply to one or more of your classmates' posts. Try to choose a classmate who does not yet have a reply