A Worker Gets Paid Every Friday for Completing His 40-Hour

question 232

Multiple Choice

A worker gets paid every Friday for completing his 40-hour work week. He is being paid on a _____ schedule.

• A)fixed-ratio
• B)variable-ratio
• C)fixed-interval
• D)variable-interval

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Definitions:

Entrepreneur

An individual who creates, organizes, and operates a business or businesses, taking on greater than normal financial risks in order to do so.

Venture Capitalist

An investor who provides capital to startups or small companies looking to expand, in exchange for equity stakes.

Closely Held

Closely held companies are usually small, owned by a small number of people, typically managers and their common shares are not actively traded.

Primary Market Transactions

Deals that occur in the primary market, where new securities are issued and sold by companies or governments directly to investors, raising capital.