Business organisations

Order Description in" rel="nofollow">in 2010, Mr Richards formed a busin" rel="nofollow">iness, sellin" rel="nofollow">ing customised cars to wealthy clients. Mr Richards owns and manages the busin" rel="nofollow">iness and makes all important busin" rel="nofollow">iness decisions Aside from his knowledge of the car in" rel="nofollow">industry.Mr Richards is also an expert racin" rel="nofollow">ing driver and works as the Chief Test Driver of his busin" rel="nofollow">iness with responsibility to test-drive the cars it sells to make sure that they are roadworthy. On 15 May 2016, while on a test drive of a race car, Mr Richards lost control of the car and crashed. Mr Richards suffered very serious physical in" rel="nofollow">injuries and was in" rel="nofollow">in the hospital for several months. Because of his in" rel="nofollow">injuries, Mr Richard was unable to attend to his duties as manager and the busin" rel="nofollow">iness started to suffer heavy losses. The busin" rel="nofollow">iness is not able to pay its debts and the creditors are demandin" rel="nofollow">ing payment. Mr Richards is known to be a very wealthy person and the creditors want him to pay the debts of the busin" rel="nofollow">iness. Mrs Richards, his wife, is thin" rel="nofollow">inkin" rel="nofollow">ing of filin" rel="nofollow">ing a claim for compensation for employers' liability for in" rel="nofollow">injuries suffered by Mr Richards claimin" rel="nofollow">ing that her husband was an employee of the car busin" rel="nofollow">iness. Advise the busin" rel="nofollow">iness creditors and Mrs Richards on the best course of action. In your advice consider the possible types of busin" rel="nofollow">iness and the correspondin" rel="nofollow">ing liability of owner Explain" rel="nofollow">in your answers fully, apply laws, cases and legal prin" rel="nofollow">inciples. At least 2 in" rel="nofollow">in-text citations and references required