Lifestyle entrepreneurs ________

A) create upscale products and services that appeal to affluent customers
B) want flexibility and freedom in the way they balance their personal and work lives
C) create programs that help people live in a more environmentally responsible manner
D) anticipate and take advantage of upcoming trends in fashion and home design
E) cater to customers with alternative tastes and preferences

B
Explanation: B) Lifestyle entrepreneurs choose entrepreneurship to satisfy their desire for a personal life that allows for freedom and flexibility. Because their personal lifestyle is their highest priority, lifestyle entrepreneurs may be less motivated by other factors, such as earning a high income or building a large business than traditional entrepreneurs.

Business

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A. are sponsored by state insurance regulators. B. involve a permanent reserve fund similar to the FDIC's bank deposit reserve. C. require uniform contributions from each state when there is a failure of an insurance company. D. make policyholder payments immediately in the event of an insurance company failure. E. are regulated by the Federal Reserve Bank.

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The one year period for determining whether a contract is required to be in writing under the

Statute of Frauds is measured from the date that: A) Performance begins until it is actually completed. B) The contract is formed until its stated completion date. C) Performance begins until its stated completion date. D) The contract is formed until it is actually completed.

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