Myra is transitioning from being an independent developer to starting a game development company. How should Myra release herself from direct legal liability?
(1 point)
register a business license
report income on taxes
open a new bank account
separate her personal finances from the business finances
1 answer
Myra should register a business license to officially establish her game development company as a separate legal entity from herself. This will help protect her personal assets and shield her from direct legal liability. Additionally, she should open a new bank account for her business and separate her personal finances from the business finances. Lastly, she should report her income from the game development company on her taxes to ensure compliance with all legal requirements.
1 answer