Which of the Following Is True of Entrepreneurial Leaders

question 47

Multiple Choice

Which of the following is true of entrepreneurial leaders?

• A) They view risk-taking as an unnecessary component of being successful in business.
• B) They have a clear picture of how they would like to see their company grow in the future.
• C) They put other people's needs, aspirations, and interests above their own.
• D) They are usually uninvolved and let employees do what they want.

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Definitions:

UCC

The Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States.

Disclaim Warranties

A statement made by a seller that specifies they are not providing guarantees about the condition or quality of goods being sold.

UCC

The Uniform Commercial Code, a comprehensive set of statutes designed to provide uniformity and predictability in commercial transactions across the United States.

Promissory Estoppel

A legal principle that prevents a party from withdrawing a promise made when the other party has reasonably relied on that promise to their detriment.