Which of the Following Best Exemplifies an Entrepreneur

question 117

Multiple Choice

Which of the following best exemplifies an entrepreneur?

• A)Sam, an employee at a supermarket, is solely responsible for all the purchases and sales at the grocery department.
• B)Joe recycles old household articles to build phones, radios, and other things for his personal use.
• C)Max makes his living by investing in small companies that have the potential to grow.
• D)Javier purchased an invention of his friend to start a company that processes plastic bags into synthetic cloth.
• E)Ryan invented an anti-aging formulation and sold it to a major pharmaceutical firm.

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Definitions:

Embezzles

Illegal taking of funds or assets by a person to whom they were entrusted.

Bank's Warranties

Assurances provided by a bank concerning the validity and authenticity of a financial instrument or transaction.

Forged

The process of illegally copying or altering documents or objects, often to deceive or commit fraud.

Bank Statement

A summary issued by a bank detailing the transactions in a customer's account over a specific period, including deposits, withdrawals, and balances.