Melissa is concerned about risks and liabilities involved with business ownership what actions can she take to best protect our personal property against the financial obligations of her business

Question

Melissa is concerned about risks and liabilities involved with business ownership what actions can she take to best protect our personal property against the financial obligations of her business 
A. register the business name; patent the logo 
B. Establish an IRA; set up automatic withdrawals 
C. seek legal counsel; choose the right legal structure 
D. Hire an accountant; enroll in online banking

GPT-4o mini · Answer

C. seek legal counsel; choose the right legal structure

By seeking legal counsel, Melissa can receive guidance tailored to her specific situation, allowing her to understand the implications of different business structures (such as LLC, corporation, etc.) regarding personal liability. Choosing the right legal structure can help limit her personal liability, protecting her personal property from the financial obligations of her business.