Question

I.b. glowen is an engineer who works in nuclear power plants. he is considering starting his own engineering company. over the last couple of months he has spent considerable time researching different business ownership options. due to the type of work performed by his new company, glowen is most concerned with unlimited liability. if this is the case, which business model would you recommend?

Answer 1

The corporation would be the most suitable for Mr. Glowen. This would shield him from liability in the event that something negative were to occur. The liability for any and all debts would be taken by the company and not by the person himself.