PLEASE HELP ME IM NOT UNDERSTANDING THESE QUESTIONS

1.You and your team have developed an amazing new device to help people with arthritis fasten their
own necklaces and put on other jewelry without assistance. As a business owner, you know you
should take the right steps to protect your intellectual property. Which law would apply in this
case? Explain which law is relevant and how to apply for the appropriate intellectual property
protection.
2. Medical staff at a small local clinic are exploring key legal considerations and responsibilities
related to protecting patients from the spread of viruses. Describe and explain key factors a
company would need to consider in relation to business protection, employees, and insurance in the
face of a global pandemic.
3.The Downing family has owned and operated discount furniture and home decor business for four
generations. As the younger third and fourth generations are preparing to assume greater
responsibility, they are discussing changing the ownership structure of the business to either an S
corporation or a limited liability company LLC to better serve the needs of the families and
reduce liabilities. Which business structure would serve the family best? What are some influential
factors to consider? Provide reasons to substantiate your choice.

Respuesta :

The answer to part 1 is "The business ownership structure which would best serve the family is a limited liability company (LLC). It provides its owners with limited liability such as business debts, and It isn't taxed directly by the internal revenue service (IRS)."

The answer to part 2 is "Some insurance they could consider would be medical malpractice insurance, which provides protection against  lawsuits brought by patients for medical errors or wrongful death."