Entrepreneurs That Use Their Skills to Create a Profitable Business

question 49

Multiple Choice

Entrepreneurs that use their skills to create a profitable business that is designed to achieve social and environmental goals for the common good are known as:

• A) social entrepreneurs.
• B) not-for-profit entrepreneurs.
• C) copreneurs.
• D) serial entrepreneurs.

Grasp the concept of the enforceability of leases and the necessity of registration for certain leases.

Comprehend the potential for an individual to occupy dual roles within the leasing context.

Recognize how covenants running with the land impact third-party rights and enforcement.

Understand distress rights of landlords for rental arrears.

---

Definitions:

Resources

Assets, materials, and commodities available for use in the production process to generate goods or services.

Need

A requirement essential for survival or to meet the minimum standards of living.

Scarcity

At the heart of economic challenges lies the conflict between boundless human demands and the scarcity of resources.

Goods

Tangible products that are manufactured, bought, or sold, fulfilling the needs or desires of consumers.