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1. Which one of the following supports the research consensus on risk-taking in entrepreneurs? Entrepreneurs are:
A. not big risk-takers.
B. traditional managers.
C. complacent in thinking.
D. gamblers and mavericks
2. Which one of the following is NOT an advantage when choosing to set up a business as a sole proprietorship?
A. It is easy and inexpensive to create.
B. It gives the owner complete authority.
C. Dividends are paid to the owner.
D. Income from the business is taxed only once, at the owner’s personal income tax rate.
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