D , because liability means to be responsible for something, especially by law.
A surf board shop for example. If you lived in a place like Ohio you’re not gonna have very many sales because there’s no ocean or surf parks near by. But if you lived somewhere like California you’re sales would be much better.
I am not Good at Business and all, but I think it's Experience that will satisfy.
Family members can give advice but if they are not a business partner, then they don't have much of a say in the business.