Vaughn Hager Started His One-Man Consulting Business Under the Name

question 9

Multiple Choice

Vaughn Hager started his one-man consulting business under the name Hager Associates. The legal structure for the company can best be described as a(n) :

• A) proprietorship.
• B) partnership.
• C) trade alliance.
• D) corporation.
• E) one man operation.

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Definitions:

Tort Law

The area of law that covers most civil suits, except breach of contract, focusing on personal injuries and damages to property.

Tort

An act that is not criminal but leads to harm or loss for the victim, thereby making the perpetrator legally responsible under tort law.

Malfeasance

An act of illegal or wrongful conduct, especially when performed by a public official or a figure of authority.

Misfeasance

An act that is legal but performed improperly or with wrong intention, potentially causing harm or damage.