_________ Means Literally "Let Make Freely" Or, More Generally, "Freedom

question 36

Multiple Choice

_________ means literally "let make freely" or, more generally, "freedom of enterprise and freedom of commerce."

• A) Laissez faire
• B) Absolutism
• C) Globalization
• D) Balance of trade

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Definitions:

Poor Performance

The failure to meet predetermined or expected standards or results in a job, project, or activity.

Right of First Refusal

A contractual right that gives its holder the option to enter a business transaction with the owner of something, before others can.

Franchise Agreement

A legal contract between a franchisor and franchisee, establishing the terms and conditions for the franchisee to operate a franchised business.

Discontinuance

The cessation or closure of a product, service, or business operation.