Knowing the Difference Between a Good Idea and a Real

question 21

True/False

Knowing the difference between a good idea and a real opportunity is vital for would-be entrepreneurs.

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Definitions:

Liable

Responsible by law; legally answerable for one's actions or inactions.

Personally

Refers to something done by a person directly, without the involvement of anyone else or any intermediaries.

Proper Indorsement

A legally acceptable signature or annotation on a document, such as a check, that authorizes its transfer or acceptance.

Dishonor

The refusal or inability to pay a debt when due, or the failure of a financial instrument, like a check, to be accepted or paid on presentation.