Samuel Lives in a Community Where Many Residents Are Retirees

question 104

Multiple Choice

Samuel lives in a community where many residents are retirees. He wants to open an exercise facility specifically for active senior citizens aged 65 and older. Samuel knows that starting a new business will require a lot of work and entails risk, but given the large number of senior citizens in the area, he believes he should be able to sell enough memberships to realize a profit. What is Samuel an example of?

• A) demographer
• B) capital provider
• C) entrepreneur
• D) corporate manager

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Definitions:

Overtime Pay

Additional compensation required by law to be paid to employees who work beyond the standard working hours set by legal, regulatory, or contractual agreements.

Workers' Compensation Laws

Legislation designed to provide financial compensation and medical care to employees injured in the course of their employment.

Employment Relationship

The formal arrangement between an employer and an employee governed by contract and labor laws.

Accidental Injury

An unexpected and unintended bodily harm resulting from an accident rather than from a deliberate act.