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In the Triggering Event Stage of the Startup Process Model

question 15

Multiple Choice

In the triggering event stage of the startup process model, which of the following personal characteristics is needed for a small business owner?


Definitions:

Future Interest

A person’s present right to property ownership and possession in the future.

Present Right

The current legal ability to exercise a right or claim to property, as opposed to a future or conditional interest.

Property Ownership

The legal right to possess, use, and dispose of real estate or personal property.

Co-ownership Interests

Legal rights and interests held by individuals or entities that own property together, entitling them to use, profit from, or dispose of the property jointly.

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