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:

Leeches

Aquatic or terrestrial annelids that have a sucker at each end and are known for their ability to attach to and feed on the blood of animals.

Sandworms and Tubeworms

Diverse groups of worms, often marine, where sandworms usually refer to polychaete annelids and tubeworms can refer to several different taxa that live in protective tubes.

Trochophore Larva

A larval form found in mollusks and many polychaetes.

Petechiae

Tiny, round spots that appear on the skin due to bleeding under the surface, often indicative of a medical condition.