When a large company downsizes, some of the middle-aged and older workers who are laid off find it difficult to get another job. When such workers decide to start their own businesses, they are known as _____.
A) welfare recipients.
B) necessity entrepreneurs.
C) post-retirement workers.
D) baby boomers.
Question 2
As a limited partner in a construction business, Joe
A) has input only on major company decisions.
B) contributes only his time and not his money.
C) does not receive any portion of the profits.
D) only risks his initial investment.
E) cannot lose his investment in the partnership.