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hello please see attached document that I need help with thanks Business EntitiesPartnerships and Corporations Assume your company (Kroger Company) is involved in a major

hello please see attached document that I need help with thanks

image text in transcribed Business EntitiesPartnerships and Corporations Assume your company (Kroger Company) is involved in a major lawsuit and the probable damages are estimated to be $2,000,000. A. Describe the effects damage estimates would have on the financial statements of a corporation and a partnership. B. How do disclosure requirements differ from a corporation to a partnership and what information is required? C. Are the shareholders at risk for any personal liability with the company set up as a corporation? Defend your response. D. If your company was set up as a partnership, would the partners be at risk for personal liability? Defend your response. Please note that I do not need the same paper you or anybody did for another student. THANKS

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