Entrepreneurs Learn That There Are Many Legal and Financial Issues

question 77

Multiple Choice

Entrepreneurs learn that there are many legal and financial issues involved in starting their business.The best way for the small business owner to resolve these issues and protect the firm's resources is:

• A)for the owners)to trust his/her common sense.
• B)to hire a full-time lawyer and accountant who work exclusively for the small business.
• C)defer making decisions regarding these issues until the company is bigger.
• D)seek and pay for expert guidance and assistance.

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Definitions:

Childhood Conflicts

Psychological struggles experienced during childhood that can significantly influence personality development and behavior.

Behaviorist

A psychologist who studies behavior, emphasizing the external behaviors of people and their reactions on the environment over internal processes.

Psychological Perspectives

Viewpoints or approaches within psychology that emphasize different aspects of human behavior and mental processes.

Functional

Pertaining to the purposeful and practical use or action of something, often implying that it is designed based on its utility.