The Profile of an Entrepreneur Typically Includes Each of the Following

question 78

Multiple Choice

The profile of an entrepreneur typically includes each of the following EXCEPT

• A) a focus on concrete results
• B) a willingness to take risks
• C) an appreciation for the status quo
• D) a desire to assume responsibility
• E) a need for achievement

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Definitions:

Elastic Clause

Also known as the Necessary and Proper Clause, part of the U.S. Constitution allowing Congress to pass laws deemed necessary and proper for executing its enumerated powers.

Supremacy Clause

The Supremacy Clause is a provision in Article VI of the U.S. Constitution establishing that federal law takes precedence over state laws and constitutions when they are in conflict.

Constitution

The fundamental law of a nation or state, outlining the principles and organization of its government. In the U.S. context, it refers to the supreme law of the United States.

Private Property

The legal designation for ownership of property by non-governmental legal entities, individuals, or corporations.