The Entrepreneur Must Be

question 2

Multiple Choice

The entrepreneur must be

• A)able to handle questions from the evaluators.
• B)interesting and humorous.
• C)able to criticize the evaluators.
• D)able to deftly avoid answering certain questions.

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Definitions:

Maximum Loss

The greatest potential loss one could incur in an investment or trading position.

2-For-1 Split

A stock split where for each share owned, a shareholder receives an additional share, effectively doubling the number of shares.

Premium

The amount paid for an option or insurance policy above its intrinsic value or the amount that an asset's selling price is above its face value.

Gross Profit

The difference between sales revenue and the cost of goods sold before deducting overhead, payroll, taxation, and interest payments.