People with an External Locus of Control

question 1

Multiple Choice

People with an external locus of control

• A)believe that outside forces are responsible for what happens to and around them.
• B)believe that their actions always make a difference.
• C)believe that they themselves are responsible for the events in their life.
• D)tend to solve problems easily.
• E)tend to be highly ethical and extremely helpful.

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Definitions:

Patent Law

A legal framework that gives inventors exclusive rights to their inventions for a certain period, preventing others from making, using, or selling the invention without permission.

Sole Ownership

Legal status where a single individual or entity retains exclusive ownership and control over property or a business.

Average Revenue

The amount of income generated per unit of sale or average price at which a product is sold.

Demand Curve

An illustrated chart depicting the correlation between a good or service's price and the amount consumers want to buy during a certain period.