All our necks are on the line

[saavahuang]

Hello everyone! This is the second question I have posted on the forum so far. I am very excited about this. Thanks for the replies I might receive soon...

What does "all our necks are on the line mean?"

Thanks

[MANICHAEAN]

We will all be held responsible.

i.e. We will all be up for the chop ( removal of our metaphorical heads.)