ICHOR Restaurant Group Was Started by Brian Bailey and Tim

question 30

Multiple Choice

ICHOR Restaurant Group was started by Brian Bailey and Tim Hug in 2006 and has since opened three successful restaurant concepts--Old Carolina BBQ,Smoke: The Burger Joint,and Baja West Coast Kitchen--with a dozen corporate-owned locations.They have begun to allow external entrepreneurs to purchase a license to operate their own location(s) .Entrepreneurs purchasing such a license are engaging in ______.

• A)corporate entrepreneurship
• B)franchising
• C)entrepreneurship inside
• D)social entrepreneurship

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Definitions:

Ordinary Person

An average or typical individual without specialist knowledge or exceptional characteristics.

Negligence

The failure to exercise the care that a reasonably prudent person would in similar circumstances, often leading to harm or damage.

Intended to Harm

Actions or behaviors designed with the purpose of causing physical or emotional injury to others.

Tort

A civil wrong not arising from a breach of contract. A breach of a legal duty that proximately causes harm or injury to another.