Yes.

Commercial judgment uses market place analysis and business strategy to make sound decisions to achieve financial goals and grow the business.

You must sue the business and win a judgment.

You must sue the business and win a judgment.

You must sue the business and win a judgment.

You must sue the business and win a judgment.

It depends on the details. If the business was incorporated and the judgment was against the corporation the creditor can only take business property and assets. If you owned the business as individuals then a judgment creditor can take any of your assets to satisfy the judgment: bank accounts, vehicles, boats, equipment, real property, etc.

Yes