In Comparison to the General Population, Entrepreneurs Have a

question 56

Multiple Choice

In comparison to the general population, entrepreneurs have a

• A) higher internal locus of control.
• B) lower internal locus of control.
• C) higher external locus of control.
• D) similar locus of control.

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Definitions:

Arbitrator's Decision

A binding determination made by an arbitrator, an impartial third party chosen to resolve a dispute, within the context of arbitration proceedings.

Employer

An individual or organization that hires and pays people to work for them.

Legal Enforceability

refers to the capability of a law, contract, or agreement to be applied or compelled to observance by legal processes.

Binding Arbitration Clause

A provision in a contract that requires the parties to resolve disputes through arbitration rather than through litigation, with the arbitrator's decision being final and legally binding.