Which of the Following Is the Most Significant Disadvantage of Starting

question 73

Multiple Choice

Which of the following is the most significant disadvantage of starting a business from scratch?

• A) Having few employees
• B) Inability to franchise
• C) Having competition
• D) Coming up with new ideas
• E) The risk of failure

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Definitions:

Revoked Acceptance

The act of withdrawing acceptance of an offer in a contract, making the agreement void, under specific legal conditions.

Trade Modification

An alteration or change to the terms of a trade agreement or contractual relationship.

Consumer Transaction

Any transaction between a seller and a buyer for goods or services intended for personal, family, or household use.

Real Property

Pertains to land and anything permanently attached to it, including buildings and structures.