Entrepreneurs Find New Solutions to Old Problems and Develop New

question 14

Multiple Choice

Entrepreneurs find new solutions to old problems and develop new products that people didn't even realize they needed.These entrepreneurs are said to have _____.

• A)hindsight
• B)uncertainty avoidance
• C)an external locus of control
• D)vision

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Definitions:

Compensatory Damages

Monetary awards given to a plaintiff to compensate for losses, injury, or harm suffered due to the defendant's actions.

Impossibility of Performance

A legal doctrine where a party is released from a contract because events have occurred making it objectively impossible to perform the contract's obligations.

Subject Matter

The substance or core topic under consideration or dispute in a legal case.

Illegal

Actions or activities that are forbidden by law and subject to criminal penalties or fines.