What Is the Major Advantage of Business Failure

question 63

Multiple Choice

What is the major advantage of business failure?

• A)Once the business is closed, stressed is reduced.
• B)Avoiding failure makes the entrepreneur more vigilant.
• C)Failure makes learning for future performance more intensive.
• D)Those who aren't suited for business get our early.

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Definitions:

Trade Fixtures

Personal property items attached to a property that are used in a trade or business and can be removed by the lessee when the lease ends.

Sublease

An agreement where the original tenant of a lease rents out their space to another party (the subtenant) for a period within the lease term.

Fixtures

refer to objects that were originally personal property but became attached to and part of real property in a way that they cannot be removed without damage.

Lease Term

The duration for which a lease agreement is effective, specifying the start and end date, as well as conditions for renewal or termination.