When Setting Up a Small Business, the Best Approach to Follow

question 86

Multiple Choice

When setting up a small business, the best approach to follow is to assume that after the business has been set up and commences operating,

• A) the lawyer you chose to assist you in the start-up of the business will continue to represent you.
• B) the lawyer you chose to assist you in the start-up of the business will refer you to a different lawyer.
• C) a lawyer will no longer be required.
• D) you will not need legal advice, as long as you are a sophisticated client.
• E) the lawyer you chose to assist you in the start-up of the business will provide free legal services for the duration of the business's operation.

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Definitions:

Principle Of Equivalence

The concept in decision theory that choices should be consistent when presented in different forms but representing the same problem.

Spatial

Related to, or existing in space; involving the perception, awareness, and manipulation of objects in a three-dimensional space.

Transformational

Related to a process of profound change in form, structure, or appearance, often used in contexts of transformational leadership or transformational grammar in linguistics.

Perceptual

pertaining to or involving the perception of the environment through the senses, including the process of recognizing, organizing, and interpreting sensory information.