Which of the Following Is the Advantage of Starting a Business

question 18

Multiple Choice

Which of the following is the advantage of starting a business from scratch?

• A) It is easier to make people aware of the new business than the established one
• B) No carryover baggage of someone else's mistakes
• C) It is easy to foresee its requirements
• D) It is easy to get authentic suppliers

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Definitions:

Seller's Remedies

Legal actions or steps that a seller can take if a buyer fails to fulfill their part of a purchase agreement.

Breaches

Acts of breaking laws, rules, agreements, or promises, leading to legal consequences.

Statute of Limitation

A law prescribing a period within which legal action must be taken for an alleged wrongdoing, after which the claim is no longer valid.

Sales Commissions

Earnings given to sales personnel based on the value or volume of sales they successfully complete.