Question: Please answer all 3 as per chegg guidelines 9 Question 7 (1 point) Listen You hired a painter to paint your living room. You need

Please answer all 3 as per chegg guidelines Please answer all 3 as per chegg guidelines 9
9 Question 7 (1 point) Listen You hired a painter to paint your living room. You need this done before December 20, so that you can enjoy it for Christmas. The painter is unable to do the job as she is injured in a car accident. You are very upset about this and want to know what you can do. How has this contract "ended? 1 12 1) Performance 14 2) Agreement O 3) Frustration 4) Breach of condition 5) Breach of warranty Question 8 (1 point) Listen What is the most compelling reason for the creation of a corporate business entity? O 1) to extend director's liability in the event of bankruptcy O2) to limit owners' liability in the event of bankruptcy 3) to share joint liability in the event of bankruptcy 4) to apportion liability in the event of bankruptcy Question 9 (1 point) Listen Rose, Lily, and Fawn were shareholders in Style Co., an incorporated company with limited liability. Each bought one-third of the shares in Style Co. for an aggregate payment of $15 000 each. The corporation borrowed $90 000 from the bank to finance its operations. The bank required personal guarantees from all shareholders for the full amount of the loan. Style Co. became insolvent, and the bank ultimately sued each of the shareholders to recover the $90 000. What amount is the maximum amount that could be recovered from Rose, Lily or Fawn personally

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