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Business, 06.03.2020 23:24 dmahaney8538
Your sister formed her business as an LLC to protect herself from personal liability. At the same time she opens her business, the economy takes a dive and her business fails with many business debts remaining. Which of the following circumstances would make your sister personally liable for her business's debts?A-She signed documents personally securing the debts of the business. B-She did not have sufficient experience to make good decisions on behalf of the business. C-She defaulted on her loan from the Small Business Administration. D-Customers did not buy the goods that her business produced and now she must pay back her suppliers.
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