Sandy is a nurse who wants to start a home health care business. She is concerned about the possibility that she could be sued by one of her patients. Which type of business ownership should she avoid?

Question

Quizplus · Accepted Answer

Sandy should avoid a sole proprietorship because it offers no legal protection for her personal assets if her business is sued. If she were to choose a limited liability company, corporation, or S corporation, she would have limited personal liability for any lawsuits or debts incurred by the business.

Sandy Is a Nurse Who Wants to Start a Home