All of the Following Would Be Legitimate Reasons for Not

question 7

Multiple Choice

All of the following would be legitimate reasons for not hiring someone EXCEPT:

• A) a special pilot's license to fly for major airlines.
• B) a minimum height requirement to serve as a highway patrolman.
• C) passing a criminal background check to be an elementary school teacher.
• D) a medical license to be a doctor.

Recognize the demographic and economic trends affecting entrepreneurship.

Identify how information technology supports entrepreneurial ventures.

Discern the types of financing available to entrepreneurs and their characteristics.

Grasp the concept of intrapreneurship and its importance within an organization.

---

Definitions:

Subchapter S Corporation

A type of corporation in the U.S. that elects to be taxed under Subchapter S of Chapter 1 of the Internal Revenue Code, allowing income to be passed through to shareholders and taxed at an individual level.

Shareholder Basis

The amount invested in a company by its shareholders plus any earnings retained by the company.

Earnings and Profits

A measure used for tax purposes, representing a corporation's net income plus or minus certain tax-preferred items.

Cash Dividend

A payment made by a corporation to its shareholders, usually in cash, out of its profits or reserves.