Question: Carol invests $ 1 5 , 0 0 0 in a sports and outdoor shop for a 1 5 % share in the business. The

Carol invests $15,000 in a sports and outdoor shop for a 15% share in the business. The 90% owner is Bob, who contributes $25,000 and personally borrows $65,000 from the bank to put in the business. Carol does not work in the business and is not liable for any of the debt. What is Carol's at-risk amount, if any?
Multiple choice question.
No limit
$15,000
24,750

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