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The Sum Total of All the Resources We Use Is

question 53

Multiple Choice

The sum total of all the resources we use is called the ____.

Describe the characteristics of motivational goals and the concept of goal orientation, including its types.
Understand the importance of choosing the right banker or lender, and the role of a good banker.
Recognize the legal liabilities and responsibilities of directors and officers in a company.
Identify strategies for marshaling resources, including bootstrapping.

Definitions:

Inherits

To receive property, titles, or rights from a deceased person's estate according to a will or as determined by law.

Lost Property

Items that are unintentionally left by their owner at a place where they are not likely to be found.

Mislaid Property

Property that is intentionally placed somewhere but then forgotten by the owner.

Abandoned Property

refers to assets left by an owner who has no intention of returning to claim ownership.

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