An Unsatisfied Need or Opportunity in the Marketplace Is Referred

question 24

Short Answer

An unsatisfied need or opportunity in the marketplace is referred to as a .

---

Definitions:

Incorporated

A business that has been formed into a legal corporation, providing its owners with limited liability.

Limited Liability Company (LLC)

An unincorporated business that is taxed like a partnership, with the members paying personal income taxes, and has the limited liability of a corporation.

Unincorporated

Referring to entities or businesses that have not formed or been recognized as a corporation under law.

Taxed

Subjected to financial charges or levies imposed by a government on income, transactions, or property.