Which of the Following Is NOT a Factor of Production

question 108

Multiple Choice

Which of the following is NOT a factor of production?

• A) labor
• B) capital
• C) entrepreneurship
• D) bonds
• E) land

Understand the errors that can affect the trial balance and how to correct them.

Understand the basics of Crystal Ball and its functionalities.

Learn how to interpret forecast charts in Crystal Ball.

Understand the probability and risk calculation within Crystal Ball.

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Definitions:

Capacity

In legal context, it refers to the ability of an individual to understand the nature and effects of one's actions, including the ability to make contracts or execute wills.

Unsecured Credit

refers to credit extended without any collateral backing, based solely on the borrower's creditworthiness and promise to repay.

Foreclosure

The legal process by which a lender takes possession of a property used as collateral for a loan due to failure of the borrower to meet the repayment terms.

Deficiency

The shortfall amount between a debt owed and the proceeds from the sale of assets pledged to secure the debt.