Research Indicates That If an Idea Is Not Turned into a Going

question 26

True/False

Research indicates that if an idea is not turned into a going concern within six months,the chances of a startup fall dramatically.

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Definitions:

Formal Contract

A legally binding agreement that requires a specific form, such as being in writing, to be valid.

Bond

A fixed income investment in which an investor loans money to an entity that borrows the funds for a defined period.

Restatement (Second)

A collection of model legal rules and principles meant to clarify the common law in the United States, not binding but influential.

Law of Contracts

A set of laws that govern the formation, execution, and enforcement of agreements between parties.