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Jessica Aldridge does business as Jessica’s Journeys, which provides cultural group tours in Europe. She earned $100,000 in net profit this year. Cheryl Peterson signed up for one of Jessica’s tours but claims Jessica breached the contract. Peterson issuing for $50,000. At the time of the lawsuit, Jessica has a personal bank account with $10,000 in it and a bank account for Jessica’s Journeys with $25,000. She owns a car and some personal items as well. Who can Peterson sue and what assets can he look to to satisfy any judgment?

• >Jessica’s Journey can be sued, and its assets taken to satisfy a judgment, but Jessica cannot be sued.
• >Jessica and Jessica’s Journeys may be sued since they are the same. The assets of Jessica’s
• Journey and Jessica’s personal assets may be taken to satisfy any judgment in Peterson’s favor.
• >Jessica may be sued and her personal assets taken to satisfy a judgment, but Jessica’s Journey cannot be sued.
• >Jessica and Jessica’s Journeys may be sued since they are the same. The assets of Jessica’s Journey may be taken to satisfy any judgment in Peterson’s favor, but not the personal assets of Jessica.