Since the notary can generally be regarded as a neutral third party, the court will generally approve the notarization of the purchase.

You are a self-employed person. From a legal perspective, the claims and debts in the store are your personal claims and debts. The other party’s lawsuit should also name you as the defendant, so this has nothing to do with whether you cancel your individual license.

In other words, if you lose the case in court, you will be directly responsible, not jointly and severally liable.