Jay Wants to Start a New Business

question 26

Multiple Choice

Jay wants to start a new business.With which of the following methods will he pay a share of the income from the business in return for the use of trademarks and business formulas?

• A) Venture capitalism
• B) Franchising
• C) Buying an existing business whose purchase price includes goodwill
• D) Starting a new business with loans from the SBA
• E) Industrial revenue sharing

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Definitions:

Discrimination

Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.

Immigrants

Individuals who move from their country of origin to live permanently in another country.

Visible Minorities

Refers to persons, other than Indigenous peoples, who are non-Caucasian in race or non-white in color, and a designated group in some countries for affirmative action policies.

Positive Prejudices

Preconceived opinions or feelings that are favorable or beneficial towards people, groups, or things, often without full knowledge or consideration.