Thanks Crosbyman, for your questions and answers, I appreciate it a lot.
I only assumed the liquid was fuel, great to know it's water cooling and should be there. I of course saw the hoses but it didn't make sense to me that water (any liquid for that matter) would flow over the circuit board or "brain" of the engine. To your question on mdl#, I'll have to check my records on the boat but what I can tell you is that it's the 30 hp power-tilt model.
Prior to the engine not starting, the last time I started her up, as usual, she started right up. I get that beep and then she turned right over - the engine, at most, has 20hrs. She's practically new. But, this last time I tried starting her up, no beep, won't turn over at all. The oil tank is low, but I didn't have enough oil to refill so hoping that's the culprit. Thanks for the heads-up on the ETEC owners board!