In the Beginning of a New Business,the Only Thing the New

question 17

Multiple Choice

In the beginning of a new business,the only thing the new business person has is

• A) Vision
• B) Capital
• C) Assets
• D) A customer base

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Definitions:

Arbitrations

Arbitrations are a form of alternative dispute resolution where a neutral third party, the arbitrator, makes a decision to resolve a dispute outside of court.

Court Trial

A formal judicial proceeding where evidence is presented and disputed issues are resolved before a judge or jury.

Similarities

The state of being alike or having common features.

Litigation

Engaging in dispute resolution or pursuing legal matters by utilizing the court system.