A Primary Reason Why Many Entrepreneurs Prefer to Avoid Going

question 72

Multiple Choice

A primary reason why many entrepreneurs prefer to avoid going public is that they

• A)lack the needed skill.
• B)do not have sufficient information.
• C)feel they would lose control.
• D)wish to raise more capital.
• E)are restricted by the government.

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Definitions:

2009 Amendments

Constitutes specific changes or updates made to a legal document, law, or regulation in the year 2009.

Consumer Protection Legislation

Laws designed to ensure the rights of consumers are protected and to promote fair trade and accurate information in the marketplace.

Federal Jurisdiction

The legal authority of federal courts and government over certain cases and areas defined by the constitution.

Consumer Packaging and Labelling Act

This is a regulatory law ensuring that products sold to consumers have clear, accurate, and standardized labeling and packaging to inform and protect consumers.