What prohibits advertisers from falsely describing competitors' products and allows competitors to sue if ads show their products or brand names in an incorrect or false manner?

Caleb Brown has been the sole owner of a bicycle sales and repair shop for several years. Which of the following business types would limit Caleb's personal liability exposure to the entity's debts?

A) partnership B) limited-liability company C) sole proprietorship D) limited-liability partnership

If the likelihood of a future event is remote, how should the company report the contingency?

What will be an ideal response