Discuss the concept of limited liability and how it may influence the type of business entity a person chooses when forming a business.

Discuss the concept of limited liability and how it may influence the type of business entity a person chooses when forming a business. Let’s evaluate Trump University. You can read more about it here: https://www.washingtonpost.com/politics/source-trump-nearing-settlement-in-trump-university-fraud-cases/2016/11/18/8dc047c0-ada0-11e6-a31b-4b6397e625d0_story.html?utm_term=.14219feea7b3
In this situation, the president chose to pay a settlement rather than litigate the case. What is the ethical dilemma here? Which ethical framework did the president use when arriving at his decision to settle?

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