A limited liability company cannot be abbreviated as LC

Francine is interested in starting a new financial services company where she will manage the investments of others. She wants to generate her own funding as well as lead the business once it gets started. Francine will assume all risks and rewards of the new enterprise. Francine would be considered an entrepreneur because she is:

a.) someone who can expertly manage other people's investments. b.) someone who initiates and assumes the financial risk of a new business enterprise. c.) a person who knows how to evaluate which stocks to purchase. d.) a person who can grow a business quickly.

Molly Edson sells needlecraft kits to retail stores. Last quarter her sales were 20 percent lower than they had been in the previous period. She attributed her poor performance to her inability to handle a competitor who launched an aggressive trade promotional campaign. As a result of Molly's poor performance in the previous quarter, which of the following is most likely?

A. Both her expectancy and instrumentality estimates will be higher B. Her expectancy estimates will be higher and her instrumentality estimate will remain the same C. Her instrumentality estimates will be lower and her expectancy estimates will remain the same D. Her expectancy estimates will be lower E. Neither her expectancy nor instrumentality estimates will change