Operates spices store in conjunction with restaurant

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Surya is the sole proprietor of an exotic spices store. He is also a partner in a restaurant, which has recently been sued for negligence after many people got sick from the salmon Alfredo dinner special. Which of the following statements is true? Question 39 options: The successful plaintiffs in the restaurant action can only go after the assets of the spices store if Surya was the actual person who prepared the salmon Alfredo on the night in question. Because of the concept of limited liability, Surya can lose only what he has invested in the restaurant. If the plaintiffs win their lawsuit against the restaurant, they can look to the assets of the spices store to pay off the debt. Although the successful plaintiffs in the restaurant action can go after Surya's personal assets, they cannot go after the assets of the spices store because the spices store is a separate legal entity from Surya. The spices store assets will only be available to the successful plaintiffs in the restaurant action if Surya operates the spices store in conjunction with the restaurant.

Reference no: EM133298128

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