Jesse Would Like to Start a Landscaping Company That Concentrates

question 23

Multiple Choice

Jesse would like to start a landscaping company that concentrates on using native plants.The feasibility study showed a need for $100,000 to start the company (she has $10,000) ,competition of three other companies (one concentrated on using native plants) ,and buyers who were predominantly 60 years or older (who loved yard work) .Which statement is true?

• A)This plan shows fatal flaws with financing,competition,and market as none of these flaws could be fixed.
• B)The plan has a fatal flaw with financing and competition as the market might have an interest in her speciality.
• C)The plan has a fatal flaw with financing but competition might not be as much of an issue if the native plant landscaping is growing with the buyers.
• D)The plan could be fixed if an investor went into business with her.

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Definitions:

Rightfully Rejects

A term referring to the legal right of a party to refuse acceptance of goods or services that do not meet the agreed-upon specifications or contract terms.

Nonconforming Goods

Products delivered under a contract that do not meet the specifications or quality standards agreed upon.

Resell

The act of selling an item that one has previously bought to another buyer.

Wrongfully Refuses

Refers to an unjust or unauthorized act of denying or rejecting something that is due or deserved.