What Is the Term for Catalytically Active RNAs That Can

question 38

Short Answer

What is the term for catalytically active RNAs that can activate processes such as self-splicing?

Recognize the role of industry averages in evaluating a business.

Identify the advantages and disadvantages of buying an existing business, including supplier relationships and customer familiarity.

Acknowledge the importance of formalizing verbal agreements in writing when purchasing a business.

Understand the increasing popularity of buying existing businesses as a pathway to small business ownership.

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Definitions:

Negative Externalities

Adverse effects suffered by a third party or the public as a result of an economic transaction or activity.

Principal-Agent Problem

At a firm, a conflict of interest that occurs when agents (workers or managers) pursue their own objectives to the detriment of the principals’ (stockholders’) goals. In public choice theory, a conflict of interest that arises when elected officials (who are the agents of the people) pursue policies that are in their own interests rather than policies that would be in the better interests of the public (the principals).

Private Sector

The private sector encompasses businesses and entities that are not owned or operated by the government, operating primarily for profit.

Political Decision Making

The process by which public policies are formulated and decided upon by individuals and groups within governmental systems.