Leigh Wants to Go into the Business of Construction Contracting

question 36

Multiple Choice

Leigh wants to go into the business of construction contracting. Among the reasons that would probably convince Leigh to set up his business as a sole proprietorship would be

• A)its greater organizational flexibility.
• B)its limited liability.
• C)its perpetual existence.
• D)the ease of transferring the business to other family members.

Evaluate the impact of stress and lifestyle habits on personal well-being and performance.

Apply the Peak Performance success formula in personal goal achievement.

Reflect on personal habits and implement strategies to achieve peak performance.

Understand the roles and operations involved in various bankruptcy chapters.

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Definitions:

Infant Mortality

Infant mortality is the statistical measure of the number of deaths of infants under one year old per 1,000 live births.

Reliability

The degree to which a system, component, or process performs its required functions under stated conditions for a specified period of time.

Components In Series

An electrical configuration where components are connected along a single path, so the same current flows through all of them.

Preventive Maintenance

Routine maintenance, inspections, and servicing performed on equipment, machinery, or systems to prevent unexpected failures or breakdowns.