Which of the Following Statements Explains One of the Reasons

question 270

Multiple Choice

Which of the following statements explains one of the reasons that people in the U.S. take the entrepreneurial challenge?

• A) It's all about profits, and the chance to make a lot of money.
• B) It's about independence and the opportunity to share in the American dream.
• C) It's about power and fame.
• D) It's about a lot of things, but it does not include personal achievement.

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Definitions:

Respondeat Superior

A legal doctrine holding employers liable for the actions of their employees performed within the course of their employment.

Liability

Being under a legal obligation, especially concerning financial debts or fulfilling certain duties.

Torts

Legal wrongs committed against a person or property, excluding breaches of contract and crimes, that lead to civil legal liability.

Partnership Agreement

A legal document that outlines the rights, responsibilities, and profit-sharing mechanisms among business partners.