1. Wynter, an attorney, was negligent when she represented Antonio. In settlement of Antonio's malpractice claim, Wynter signed a promissory note for $10,400 on behalf of her law firm, an LLC. When the law firm did not pay, Antonio filed suit against Wynter personally for payment of the note. Is a member personally liable for the debt of an LLC that was caused by her own negligence?

2.Think of a business concept that would be appropriate for each of the following: a sole proprietorship, a corporation, and an LLC.

3.Facebook began life as a corporation, not an LLC. Why did the founder, Mark Zuckerberg, make that decision?

4.If you were to look online for a description of a professional corporation, you might find websites stressing that, in a PC, shareholders are still responsible for their own wrongdoing. For example: "In some states, these professionals can form a corporation, but with the distinction that each professional is still liable for his or her own wrongful professional actions." Why is this statement at best unnecessary and at worst misleading?

5.The Sackler family owned Perdue Pharma, which manufactured oxycontin, a powerful narcotic pain reliever. The Commonwealth of Massachusetts sued Perdue alleging that, to increase profitability, the company had deliberately misled doctors and the public about the dangers of the drug. As a result of this misrepresentation, thousands of Massachusetts residents suffered, overdosed, or died. Massachusetts also sued members of the Sackler family who worked for the company. (Collectively, the family is worth $4 billion.) Richard Sackler, for instance, had sent emails encouraging (even ordering) company employees to mislead doctors and patients. If these allegations prove to be true, will the Sackler family lose anything more than their stock in Perdue?