1. Discuss the concept of Limited Liability and explain how itmay infl

1. Discuss the concept of Limited Liability and explain how itmay influence the type of business entity a person chooseswhen forming a business.2. Which ethical norm is consistent with a person who choosesa LLC over a sole proprietorship? (The Ethical norms areFreedom, Security, Justice, and Efficiency).Book Reference: Kubasek, N. K., Brennan, B. A., & Browne, M. N. (2017). The legal environment of business: a critical thinking approach.Boston: Pearson. Please use APA6th edition, add references and citations. 500 words minimum. Use your own words, this will be submitted to Turnitin Program