All of the Following Statements Are True About Entrepreneurship Except

question 174

Multiple Choice

All of the following statements are true about entrepreneurship except:

• A)The entrepreneur assembles the other needed resources.
• B)The entrepreneur risks her or his own money.
• C)The entrepreneur reaps the profits or suffers the losses of the enterprise he or she creates.
• D)The term entrepreneur is synonymous with the term inventor.

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Definitions:

Maturity

The date on which a financial obligation or investment becomes due for payment or is scheduled to be redeemed or expire.

Coupon Bond

A type of bond that pays the holder a fixed interest payment (coupon) at regular intervals until maturity.

Interest Basis

A method used to calculate interest payments, based on how the interest accrues over time.

Par Value

The face value of a bond or stock, representing the amount returned to the holder at maturity.