Washington Belt & Drive Systems, Inc. v. Active Erectors

* —Michael J. and Jean M. Sparling (the Spar-lings) appeal a personal judgment against them in favor of Washington Belt and Drive Systems, Inc. (Washington Belt), on the open account of Active Erectors & Installers, Inc. (Active), a corporation wholly owned by the Sparlings. Michael Sparling is the chief operating officer of Active. The balance due Washington Belt from Active has never been in dispute. What is in dispute is whether the Sparlings are personally liable for the amount. The action is based on an oral guaranty of the open account indebtedness and other circumstances surrounding…