When Selecting a Good Location for a Business the Personal

question 67

True/False

When selecting a good location for a business the personal preference of the entrepreneur is important, as it will determine their success.

---

Definitions:

Buying a Put

Purchasing a put option, which is a financial contract that gives the buyer the right to sell an asset at a predetermined price within a specified time frame.

Prices Decline

A decrease in the cost of goods and services in an economy over a period.

Call Option

A financial derivative that gives the buyer the right, but not the obligation, to buy an asset at a specified price within a predetermined period.

Purchase

The act of acquiring goods or services in exchange for money or other compensation.