Business Entities and Tort Law/Commercial Tort Law

Need help with answering discussion questions.  Please give example for each questions.  All references and citations are to adhere to APA style and formatting.

1. What are the advantages and disadvantages of forming a limited liability company?

2. Is it ever a good idea to do business without creating some form of a limited liability business organization?

3. Tort law permeates society and daily life. Think of a tort issue in your life or in the life of someone close to you. Describe the issue. Perhaps you did not pursue litigation.  Do you think you should have? Perhaps you pursued litigation and lost. Is it clear why you lost? Do not feel compelled to share more information than you are comfortable discussing.

4. Demonstrate your understanding of legal terminology and incorporate legal terminology where relevant. Specifically, identify the elements of the tort cause of action and apply facts to each element. If the case is not clear cut, it will be where an element is not clearly met. If an element of a cause of action is clearly not met, there is not a legitimate cause of action.