An Executive Summary Should

question 43

Multiple Choice

An executive summary should:

• A)explain the basic business model and the problem the business will solve for customers.
• B)briefly describe the owners and key employees,target market(s),and financial highlights.
• C)briefly describe the company's competitive advantage.
• D)All of the above

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Definitions:

Consideration

Consideration in contract law refers to something of value promised to another when making a contract, which can be a service, money, or an object.

Bilateral Contract

A type of contract involving two parties where each party makes a promise or set of promises to the other.

Consideration

Something of value exchanged between parties in a contract, making the agreement legally binding.

Inadequate Consideration

A situation in a contractual agreement where the value exchanged between parties is significantly disproportionate or deemed insufficient.