For an Entrepreneur to Achieve Success in the Business World

question 104

Multiple Choice

For an entrepreneur to achieve success in the business world he has to be willing to take:

• A)losses.
• B)government assistance.
• C)risks.
• D)bribes.

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Definitions:

Drawer

In banking and finance, it refers to the individual or entity that writes or issues a check or draft instructing the drawee to pay the stated amount to a third party (the payee).

Endorsement

An official signing or inscribing of one's name on a document to validate it or transfer its ownership.

Direct Deposit

An electronic process, preauthorized by a customer, that allows funds to be deposited directly into the customer’s bank account.

Multiple Forgeries

Acts of fraudulently making or altering multiple written documents or signatures to deceive others.