Ben and Chris Combined Their Love of Hockey with a Business

question 241

Multiple Choice

Ben and Chris combined their love of hockey with a business venture.They purchased a small portable cart and began selling hockey memorabilia outside of the hometown hockey aren A.Their first year went well,but this past year has been a real struggle.Due to poor economic conditions including a loss of jobs,ticket sales at the arena are down,which has significantly hurt their sales as well.As a recent business school graduate,you explain to Ben and Chris:

• A)this type of business is always high risk because it is seasonal.
• B)the business does not fill a sufficient need for most people.
• C)environmental circumstances are dynamic and tough to control.
• D)social entrepreneurs are currently getting most of the attention.

Explain the concept of "risk-adaptability" in legal decisions.

Grasp the relationship between public policy and social structure from a legal perspective.

Understand terms and illegal practices in consumer services and products.

Identify requirements and protections under specific consumer rights doctrines.

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Definitions:

Spermarche

A boy’s first ejaculation of sperm. Erections can occur as early as infancy, but ejaculation signals sperm production. Spermarche may occur during sleep (in a “wet dream”) or via direct stimulation.

Pubic Hair

The body hair that grows in the genital area of adolescent and adult humans, marking one of the signs of puberty.

Testes

The testes are the male reproductive glands that produce sperm and the hormone testosterone.

Penis

A male reproductive organ that serves both sexual intercourse and the urinary system functions.