People with an External Locus of Control Rely Less on Their

question 127

True/False

People with an external locus of control rely less on their own efforts and believe that the actions of others and random luck control their fate.

---

Definitions:

Company Equity

The value of a company distributed among its owners or shareholders, representing their ownership interest in the company.

Securities Laws

Legal frameworks and regulations that govern the issuance, trading, and sale of securities to protect investors, ensure fair markets, and prevent financial fraud.

Taxable Item

A taxable item is any product or service subject to tax by governing authorities when sold or purchased.

Founders' Agreement

A legal document outlining the roles, responsibilities, and equity ownership of the founding members of a company.