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Mike and Carol just got married and each brought three children from previous relationships into the marriage. Things have not been going especially well, so they seek family counseling. Their counselor makes a point of understanding how the family members relate to each other both one on one and in groups and what sorts of family "rules" and expectations are in place. Mike and Carol's counselor most likely focuses on the ____ model.
Personal Assets
Assets owned by an individual, including both tangible items like real estate and vehicles, and intangible items like stocks and bonds.
Capital
Financial assets or resources that individuals or organizations use to fund their operations and invest in their businesses.
Unlimited Personal Liability
A legal obligation where an individual's personal assets can be used to satisfy the debts and liabilities of the business.
New Capital
Funds raised by a company through issuing new shares or debt to finance its business activities.
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