Xavier starts an investment management firm along with his friend Abdul. They decide to equally share the profits and have unlimited liability for the debts of their business. Such unlimited liability can be a distinct disadvantage for Xavier if he has
A. comparable financial resources to Abdul.
B. fewer financial resources than Abdul.
C. more financial resources than Abdul.
D. the status of a limited partner.
E. the exact same financial resources as Abdul.
Answer: C
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In the context of decision-making, define a state of nature
What will be an ideal response?