In a 2010 Survey of More Than 1,000 Entrepreneurs,35 Percent

question 2

Multiple Choice

In a 2010 survey of more than 1,000 entrepreneurs,35 percent of all small businesses in the United States had to make pay cuts

• A) 10 percent
• B) 35 percent
• C) 50 percent
• D) 65 percent

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Definitions:

Tangible Things

Objects or items that can be physically touched and seen, possessing material existence as opposed to abstract concepts.

Identification

The process of recognizing and acknowledging the specific identity of a person or thing.

Goods

Tangible and movable personal property that can be sold or bought.

Acceptance

In contract law, the expression by the offeree of their agreement to the terms of the offer, forming a legally binding contract.