Which of the Following Is a Characteristic of a Small

question 84

Multiple Choice

Which of the following is a characteristic of a small business?

• A) Source of funding is primarily other people's money
• B) Focus is on efficiency
• C) Professionalized approach to human resource
• D) Delegation is essential

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Definitions:

Specific Performance

A legal remedy requiring a party to execute a contract according to its precise terms, often applied in cases where monetary damages are insufficient.

Monetary Judgement

A legal determination requiring a party to pay a specified sum of money to another.

Express Repudiation

The explicit rejection or refusal to fulfill a duty or obligation set forth in a contract.

Similar Bicycle

A bike that shares likeness or features with another bicycle, often in terms of design, functionality, or brand.