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Author Question: Most founders' agreements include a ________ clause, which legally obligates the departing founder ... (Read 58 times)

Evvie72

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on: Jul 6, 2018
Most founders' agreements include a ________ clause, which legally obligates the departing founder to sell to the remaining founders his or her interest in the firm if the remaining founders are interested.
 
  A) redemption
  B) buyback
  C) statutory purchase
  D) voluntary recoup
  E) shareholder surrender

Question 2

As new products that are better than the existing generation of products are introduced, sales normally increase because the new products provide consumers increased value or worth.
 
  This process, which is called ________, stimulates economic activity, which is a good thing for the economy.
  A) creative destruction
  B) repetitive destruction
  C) iterative replacement
  D) inventive replacement
  E) iterative destruction


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LegendaryAnswers

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Reply #1 on: Jul 6, 2018
Answer to Question 1

B

Answer to Question 2

A


Evvie72

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Reply 2 on: Jul 6, 2018
Great answer, keep it coming :)

steff9894

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Reply 3 on: Yesterday
Excellent

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