Entrepreneurs Learn That There Are Many Legal and Financial Issues

question 77

Multiple Choice

Entrepreneurs learn that there are many legal and financial issues involved in starting their business.The best way for the small business owner to resolve these issues and protect the firm's resources is:

• A)for the owners)to trust his/her common sense.
• B)to hire a full-time lawyer and accountant who work exclusively for the small business.
• C)defer making decisions regarding these issues until the company is bigger.
• D)seek and pay for expert guidance and assistance.

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Definitions:

Permeable

Characterized by the ability to allow substances or influences to pass through.

Neurotic Behavior

A range of psychological behaviors characterized by anxiety, phobias, or other mental health disturbances that are not psychotic.

New Experiences

Encounters or activities that are novel and different from what has been previously known or done.

Construe Events

The act of interpreting or understanding occurrences in a particular way, based on one's personal perception.