Imagine that you own each of the following businesses:
1.Tinker’s Home Security Service (sole proprietorship)
2.Tinker & Tailor’s Home Security Service (general
partnership)
3.Tinker & Tailor’s Home Security Service (LP) Tinker &
Tailor’s Home Security Service, Inc. (corporation)
4.Tinker & Tailor’s Home Security Service, LLC (LLC)
The businesses are being sued for breach of contract. Create a
matrix that lists each business, and compare and contrast your
personal liability exposure as an owner as a result of the
lawsuit.





