calm though. Right now, the most important question to ask is about your level of liability.

Since you selected a sale proprietor form of ownership, what does unlimited liability actually mean in this situation?

It means the value of only my business assets could be exposed to cover the damages.

It means I would not have any liability in this situation since I was not involved in the accident myself.

It means the value of my business assets and personal assets all could be exposed to cover the damages.