ETR finial
in reality, advertising
in an invest in the future, without steady adversing
The c corporation like all other legal structures avoids " double taxation " because it is also considered a "pass through"
false
logos created and trademarked after January 1,1978 are protected for life of the business owner plus 70 years
false
A business PLAN is?
forces an entrepreneur to think a business idea through, considering both considering both it's positives and negatives
According to this entrepreneurial School of thought developing the right idea at the right people for the right market niche in the key
A venture opportunity
based on the number of business ventures incorporated annually how many new business are started a year in the united states?
B) 600,000
For kind of entrepreneur, making money is important but "enough" more important than the nature traditional capitalist pursuit of wealth
B) Lifestyle
An entrepreneur uses this budget to for items they intend to use long term, generally more than 1 year
Capital budget
This type of business angel is age 65 or older , independently wealthily have abbreviated work schedules, and simply like to be involved in deals:
Enthusiast Angel
Break- even analysis is a technique commonly used assess the
Expected product portability
This characteristic of entrepreneurship is consistent with high - achievement motivational drive , the desire to take personal responsibility and self confidnce
Internal locus of control
A form of partnership that includes at least one general partner who is liable for all its liabilities and at least one partner who is liable for capital invested in the partnership is?
Limited partnership
Ann owns Pirate Enterprise, a limited liability company . Ann liability for the obligations of business are:
Limited to total amount of capital Ann has invested in the business
A good trait for an entrepreneur to have is
Low need to status and power
This type of music royalties are paid by whoever obtains a license to reproduce and distribute a price of music, such as in album form or as ringtones , digital download or interactive stream
Mechanical royalties
As entrepreneur who retains an original business and builds a collection of additional business trough inheriting, establishing or purchasing them is called?
Portfolio entrepreneur
Entrepreneurs have been considered academic and social misfits because
Several highly successful entrepreneur did not finish college
delayed payment schedule. Lebron is using what type of financing?
TRADE CREDIT
A market is
a group of consumers who have purchasing power and unsatisfied needs
which of the following is not true about protection of intellectual property under a patent
a patten last 70n years
Anyone violates an authors exclusive rights under a copyright is liable infrigment. However because of this doctrine , it is sometimes difficult to establish infringement
fair use
the legal phrase use describe the standard for trademark infringement is
likelihood of confusion
Drs. Kay and Lyle are partners in a medical clinic, which is organized as a general partnership . A court holds Lyle liable in malpractice suit kay is liable
to the full extent of the liability
A limited liability company chartered in Virgina is considered a foreign when doing business in North Carolina
ture
an entrepreneur is considered to have a high tolerance for ambiguity when the entrepreneur cannot deal with various setbacks and changes that constantly confront them
ture