Gord Larose and His Friend David Allan Worked in Ottawa

question 62

Multiple Choice

Gord Larose and his friend David Allan worked in Ottawa at Nortel Networks,a giant telecommunications equipment maker.They dreamed up a scheme for renting software over the Internet.Instead of quitting their jobs,they reported to work on Monday,explained their plan to their boss,and began working to make their idea a reality.Larose and Allan are examples of which of the following type of entrepreneur?

• A) growth-oriented entrepreneurs
• B) interpreneurs
• C) multipreneurs
• D) intrapreneurs

Understand the implications of the "American rule" regarding the rights of assignees.

Comprehend the conditions under which a delegation of duties is valid or void.

Grasp the concept and legal significance of third-party beneficiaries in contract law.

Learn about statutory regulations on the assignment of future wages and their implications.

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Definitions:

Privatize

The transfer of a business, industry, or service from public to private ownership and control.

Fad

A short-lived but enthusiastically embraced new cultural element.

Cultural Phenomenon

An aspect of culture that can be widely recognized and significantly influences society, including trends, habits, and patterns of behavior.

Formal Social Movements

Structured groups or organizations that aim to bring about social change through organized efforts and systematic strategies.