How Can an Entrepreneur Generate Legitimacy

question 66

Multiple Choice

How can an entrepreneur generate legitimacy?

• A) by avoiding constructive criticism
• B) by being risk-averse
• C) by removing standards established by credentialing associations
• D) by visibly conforming to expectations created by governments
• E) by maintaining the status quo

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Definitions:

Offeree

The person or party to whom an offer is made in a contract situation.

Mutual Promises

Agreements where both parties commit to perform or refrain from specific actions, forming the basis of a contract.

Enforced

Enforced means to compel compliance or adherence to a law, rule, or obligation, often involving the implementation of measures to ensure that terms or directives are followed.

Void Contracts

Agreements that are not legally enforceable from the outset due to the presence of certain defects in the contract.