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Kelli and Carla want to start a business. They have very little capital . They are new partners and largely unfamiliar with each other's management

Kelli and Carla want to start a business. They have verylittle capital. They are new partners and largelyunfamiliar with each other's management practices. They are happy, however, to be organizing a business together in order toavoid full liability for the business. Which detailof this situation is a good reason for Kelli and Carla to create a general partnership?

  • Unfamiliar with each other's management practices
  • Little capital
  • Avoiding full liability
  • Sharing profits

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