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The Elimination of Time and Effort Associated with Starting a Company

question 46

True/False

The elimination of time and effort associated with starting a company is an advantage of acquiring an ongoing venture.


Definitions:

Internal Locus

A psychological attitude where an individual believes that they can control their life and outcomes rather than external forces.

Creativity

The ability to produce original and valuable ideas or solutions.

Debt Financing

Borrowed funds that entrepreneurs must repay.

Angel Investors

Wealthy individuals who invest directly in a new venture in exchange for an equity stake.

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