Michael Kruger 3. Michael has split-limit coverage equal to 50/100/25 on his vehicle. Yesterday, Michael rear ended a new Mercedes as he was driving to work. The damage to the other car totaled $33,000, while the medical bill for the other driver was $15,000. a. If Michael incurred $4,500 in damage to his own car, how much will Michael's insurance company pay (without regard to the deductible) from his split-limit policy? b. How much will Michael's insurance company pay (without regard to the deductible) for the damage he caused to the other driver? c. Michael and his two friends, Amy and Sarah, have been thinking about starting a new business together. Michael is worried about getting sued if a customer gets hurt when working with the new company. Right now, Michael, Amy, and Sarah have narrowed their choice of business entities to a partnership, S-Corporation, and an LLC. Which of these will provide the least amount of liability protection