A limited liability partnership (LLP)

A. Starts as a corporation.
B. Is typically adopted by providers of professional services.
C. Is ordinarily treated as a legal entity to the same extent as a corporation.
D. Offers a liability shield only for professional malpractice.

Answer: B. Is typically adopted by providers of professional services.

Business

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An employer is generally not liable for the torts of an independent contractor because:

A. the concept of scope of employment does not apply to independent contractors. B. independent contractors have no authority to commit torts. C. liability insurance is not available for acts committed by independent contractors. D. the employer lacks control over the work of an independent contractor.

Business

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Indicate whether the statement is true or false.

Business