A Professor of Entrepreneurship Is Trying to Identify Students Who

question 88

Multiple Choice

A professor of entrepreneurship is trying to identify students who are the best prospects for entrepreneurial careers. Based on prior research and especially the work of J. B. Rotter, she is looking for students having a

• A) high external locus of control.
• B) low external locus of control.
• C) high internal locus of control.
• D) low internal locus of control.

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Definitions:

Contract Discharge

The conclusion of a contractual obligation, either through completion of the contract terms, mutual agreement, or other legal methods.

Novation

The process of substituting a new contract or obligation for an old one, requiring the agreement of all parties involved.

Three-Part Test

A methodological framework consisting of three criteria used to evaluate the validity, legality, or effectiveness of something.

Tendered Performance

The act of offering or presenting for acceptance a performance of obligations under a contract.