True/False
126If they form a corporation and Pat Smith gets into an accident with the
company's van and the van is not insured, George Johnson could be held
personally liable for any damages resulting from the accident.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q12: A partnership is a business that is
Q26: Who were the original shareholders in Ben
Q35: A sole proprietorship is a legal form
Q112: What is a sole proprietorship?
Q113: As a sole proprietor, your personal assets
Q114: Which of the following is true about
Q118: Financing needs are not directly related to
Q119: They could expand their operations by acquiring
Q120: In a limited partnership, although one partner
Q122: If you're asking yourself whether you want