The question:

Question 14 (Mandatory) (2 points) Lisa operates a dog grooming business as a sole proprietorship under the fictitious name, "Groovy Grooming." She specializes in preparing her canine clients for dog shows. Unfortunately, one of Lisa's employees used a bad combination of products causing an extreme amount of hair loss on a prized Goldendoodle. The Goldendoodle's owner sued Lisa. Lisa was not too worried because she had most of her assets in her own name and only a small amount of capital invested in her business. Is Lisa correct to be unconcerned about her personal assets? a) Yes, Lisa is right to be unconcerned because it is impossible for the Goldendoodle's owner to reach her personal assets. O b) Yes, Lisa is right to be unconcerned so long as she gave costumers notice that she was operating under a fictitious name. c) No, Lisa should be concerned about her personal assets but only because injury, as opposed to property damage, was involved and she can, therefore, be sued personally. (d) No, Lisa should be concerned about her personal assets because, as a sole proprietor, her personal assets may be taken to satisfy any judgment