An Advantage of Which of These Tactics Is That There

question 101

Multiple Choice

An advantage of which of these tactics is that there is a shorter start-up time and an existing track record?

• A) Participate in a business incubator
• B) Start a new business
• C) Buy a franchise
• D) Buy an existing business
• E) Debt financing

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Definitions:

Sherman Act Section 1

A provision of U.S. antitrust law that prohibits contracts, combinations, or conspiracies that restrain interstate or foreign trade.

Violation

The act of disregarding or breaking a law, agreement, or rule, resulting in possible legal penalties or consequences.

Manufacturer

A person or company that makes goods for sale, especially on a large scale through the use of machines.

National Cooperative Research Act

U.S. legislation that encourages collaborative research and development among businesses by providing certain antitrust protections.