Which of the Following Statements Is Incorrect Regarding Founding Teams

question 43

Multiple Choice

Which of the following statements is incorrect regarding founding teams?

• A) The members of heterogeneous teams are diverse in terms of their abilities and experiences.
• B) Teams that are working together for the first time have and advantage over teams that have worked together before.
• C) The psychological support that cofounders of a new business can offer one another is an important element of a firm's success.
• D) The members of homogeneous teams are very similar in terms of their abilities and experiences.
• E) Studies show that more than one individual starts 50 to 70 percent of all new teams.

---

Definitions:

Respondeat Superior

A legal principle that assigns legal liability to an employer or principal for the misconduct of an employee or agent when those actions are carried out in the course of their employment or representation.

Vicarious Liability

Legal responsibility assigned to an individual or entity for the actions of another, based on a particular relationship, such as employer-employee.

Ratification Manifest

The overt expression or demonstration of approval or confirmation of an act or agreement, often legally required for ratification.

Material Facts

Information that could influence the decision-making process of a person or entity, considered significant in the context of legal and financial transactions.