Caitlin must determine the level of C. risk she is willing to take. Understanding her comfort with personal liability for business debts is essential in choosing the appropriate ownership structure.
Caitlin is meeting with a business advisor to discuss how she should structure the ownership of her new business. When the advisor asks Caitlin if she's prepared o pay any potential debts out of her own pocket, she tells him that she is unsure. Before deciding which ownership structure would be best for her business, Caitlin must determine the level of ___ she is willing to take.
A. profits
B. continuity
C. risk
D. capital needs
1 answer
1 answer