Entrepreneurs Learn That There Are Many Legal and Financial Issues

question 231

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 owner(s) to trust his/her common sense.
• B) 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:

South America

A continent located in the Western Hemisphere, mostly in the Southern Hemisphere, known for its diverse cultures, histories, and landscapes.

Constructive Criticism

Feedback provided in a positive manner aimed at promoting growth and improvement, focusing on specific issues rather than personal attributes.

Yearly Evaluation

An annual assessment process where an individual’s performance, productivity, or achievements are reviewed and discussed.

Behaviors

The range of actions and mannerisms made by individuals in conjunction with their environment, which can include thoughts and feelings.