Question

as the sonic brand grew, troy smith formed a business relationship with charlie pappe. this form of business ownership was a
franchise.
master limited partnership.
limited partnership agreement.
general partnership.
question 64 (1 point)
there are three economic indicators. however, almost every discussion about a
nations economy is based on its
unemployment rate.
gdp
distribution index.
consumer price index.
question 65 (1 point)
risk is the chance an entrepreneur takes of losing time and money on a business
that may prove profitable.
true
false

Explanation:

• Question 64: GDP (Gross Domestic Product) is a widely - used measure to assess a nation's economic performance as it represents the total value of all goods and services produced within a country's borders in a specific period. The unemployment rate and consumer price index are also important but GDP is more comprehensive for overall economic discussion.
• Question 65: Risk in business is indeed the chance an entrepreneur takes of losing time and money on a venture that may or may not be profitable. This is a fundamental concept in business where potential rewards are associated with the possibility of loss.

Answer:

Question 64: B. GDP
Question 65: A. True