Does the business have liability as well as the professional in a professional corporation?
A professional corporation should have at minimum general liability insurance. They can always be at risk of a professional liability lawsuit. Thanks!
Answered by Thearesa Z. -Galleries
Related Questions
-
Is limited liability is one characteristic of the corporate form of business organization?
A Limited Liability Company (LLC) is one of the forms of a bu...
-
Sole Proprietorship is the most common in the U.S. because ma...
-
What is a business in which both owners share equally in both responsibility and liability?
A partnership is a type of business entity in which partners ...
-
The owner of a sole proprietorship or a partnership may be he...
-
Thanks! We appreciate your comments about GET1.

Comments