Which of the Following Is a Reason Why Entrepreneurs Use

question 5

Multiple Choice

Which of the following is a reason why entrepreneurs use market mechanisms to exploit opportunity?

• A) Accelerate the pace of exploitation.
• B) Minimize adverse selection.
• C) Minimize shirking by employees.
• D) To escape defeat by competitors.
• E) All of the Above.

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Definitions:

Restatement Third

A set of legal principles in the United States that organizes, clarifies, and suggests improvements for tort, agency, trusts, property, restitution, suretyship, and other areas of the law.

Economic Harm

covers the financial losses and damages suffered by an individual or entity due to another's actions or failure to act.

Intentional

In law, actions performed with the conscious objective or purpose to accomplish a particular result.

Comparative Negligence

A legal doctrine that reduces the amount of damages a plaintiff can recover in a negligence-based claim, based upon the degree to which the plaintiff's own negligence contributed to cause the injury.