Which of the following is true regarding Tyler's belief that Alec will be unable to collect anything for the accident after the joining of the businesses?
A) Tyler is correct that Alec will be unable to win in litigation against him so long as the joining is completed before Alec files the lawsuit.
B) Tyler is correct that Alec will be unable to win in litigation against him regardless of whether the lawsuit is filed before or after the joining so long as no judgment is entered prior to the joining.
C) Tyler is correct that Alec will be unable to sue him unless Alec files in court an objection to the joining and prevails.
D) Tyler is correct that Alec will be unable to win in litigation against him unless Alec can establish fraud in connection with the joining.
E) Tyler is incorrect, and the joining will have no effect on the lawsuit.

Question

Quizplus · Accepted Answer

Tyler's belief that the joining of the businesses will prevent Alec from collecting anything for the accident is incorrect. The joining of businesses does not affect the liability for incidents that occurred before the joining. Legal actions for such incidents can proceed regardless of any changes in the business structure.

Which of the Following Is True Regarding Tyler's Belief That