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Shelly wishes to invest in James and Carol s partnership, but she has no desire to take part in its management. Furthermore, she would prefer

Shelly wishes to invest in James and Carols partnership, but she has no desire to take part in its management. Furthermore, she would prefer not to incur unlimited liability. Which of the following organizational forms would accommodate Shellys wishes?
Shelly wishes to invest in James and Carols partnership, but she has no desire to take part in its management. Furthermore, she would prefer not to incur unlimited liability. Which of the following organizational forms would accommodate Shellys wishes?
Sole proprietorship with Shelly as sole proprietor
Principal-agent relationship, with Shelly as the principal
General partnership with Shelly as a general partner
Limited partnership, with Shelly as a limited partner

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