________ Liability Is the Potential Responsibility for Payment of Damages

question 44

Short Answer

________ Liability is the potential responsibility for payment of damages or other court-ordered enforcement as a result of a ruling in a lawsuit.

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Definitions:

Outside Investment

Capital that comes from sources external to a business or entrepreneur, such as angel investors, venture capitalists, or financial institutions, to support growth or startup.

Social Impact

The effect of an organization's actions on the well-being of the community, society, or environment.

Social Venture Capital

A form of investment funding that is provided to companies or organizations aiming to offer social benefits, aside from financial returns.

Timmons Model

A framework for understanding and evaluating the entrepreneurship process, emphasizing opportunity, resources, and team as key elements.