James Quinn Is Starting a Firm in the Financial Services

question 15

Multiple Choice

James Quinn is starting a firm in the financial services industry primarily to pursue financial rewards. According to the textbook, starting a business to make a lot of money:

• A) often fails to live up to its hype
• B) is equally as satisfying as other reasons for starting a business
• C) is the number one reason people start their own business
• D) is the number two reason that people start their own business, right behind the lack of better career prospects
• E) does not rank among the top three reasons that people start their own business

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Definitions:

Methane

A colorless, odorless flammable gas that is the simplest alkane and a major component of natural gas, contributing significantly to the greenhouse effect.

Net Useful Energy Yield

The amount of energy that remains available for use after subtracting the energy expended in obtaining and converting it.

Oil

A fossil fuel formed from the decayed remains of ancient organisms, used primarily for energy production and as a raw material in manufacturing.

Natural Gas

A fossil fuel consisting mainly of methane, used for heating, electricity generation, and as fuel for vehicles, it's cleaner than other fossil fuels but still contributes to greenhouse gas emissions.