After carrying out the expansion of the clinic, Drs. Hibbert and Riviera are worried that unhappy clients may successfully sue the clinic and take some or all of their business and personal assets. Remember that Nip Tuck is set up as a general partnership with the doctors as the partners. What can the doctors do to restructure the business to protect their assets from business creditors? (this is another question and the first one is in photo itself and please do it asap)

Dr. Hibbert and Dr. Riviera need to obtain debt financing to expand their clinic. Specifically, they want to purchase and renovate larger premises and get new medical equipment. The clinic which is set up as a general partnership currently leases its premises and owns account receivables owed by patients. Dr. Hibbert personally owns very little. His home, cottage and a Porsche are all owned by his wife Hillary. Dr. Riviera does not have a spouse and personally owns a house and a portfolio of investments. Question 11 (4 points) Listen Identify four ways that a lender may reduce its risk in providing financing to Nip Tuck to carryout its expansion plans. Be as specific and detailed as possible