What is a shorter,less technical contract which is a clear agreement between founders on a number of key issues that the business might face?
A)founders' agreement
B)limited liability agreement
C)employee contract
D)independent contractor agreement

Question

Quizplus · Accepted Answer

A founders' agreement is a shorter, less technical contract that outlines key issues such as ownership percentages, decision-making processes, and roles and responsibilities of each founder. It is a clear agreement between founders that can help avoid conflicts and misunderstandings in the future. The other options listed are not specifically tailored for founders and may not address all of the key issues that a business may face.

What Is a Shorter,less Technical Contract Which Is a Clear