Multiple Choice
Sam opened the restaurant of her dreams two years ago. It is a sole proprietorship. The business lost a lawsuit for $250,000 due to a customer getting sick. This legal liability is not covered by Sam's insurance and the restaurant has to close down. What is Sam's personal liability for this lawsuit?
A) $0
B) $250,000
C) $300,000
D) $500,000
Correct Answer:
Verified
Correct Answer:
Verified
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