Clarissa wants to keep her family's personal assets protected from any liabilities her new business may face.How should Clarissa legally organize her business?

Question

Quizplus · Accepted Answer

The best option for Clarissa would be to organize her business as a corporation, as this legal structure separates the assets and liabilities of the business from those of the owners/shareholders. This ensures that Clarissa's personal assets are protected in the event that the business runs into any legal or financial troubles.

Clarissa Wants to Keep Her Family's Personal Assets Protected from Any