Myra is transitioning from being an independent developer to starting a game development company. How should Myra release herself from direct legal liability?
(1 point)
Responses
register a business license
register a business license
report income on taxes
report income on taxes
open a new bank account
open a new bank account
separate her personal finances from the business finances
separate her personal finances from the business finances
- Form a limited liability company (LLC) or corporation to separate personal assets from business liabilities
- Obtain business insurance to protect against potential legal claims
- Use contracts and agreements with clients and partners to outline responsibilities and liabilities
- Comply with all relevant laws and regulations in the industry and location of the business.