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Part A: You are serving as an advisor to a client who would like to change his/her sole proprietorship small business to a Limited Liability Company (LLC). He/she is unsure about the benefits of an
LLC. You need to find a way to explain to your friend the benefit of this type of business formation.
You decide to write a short professional memo to explain the benefit of a LLC and show one example of legal case where it could have benefitted the business owner to be an LLC. Using Chapter 16 of
your textbook and conducting legal research prepare a well-written one-two page (single-spaced) memo.
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