Answered: Which of the following scenarios…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Which of the following scenarios illustrates entrepreneurship? a) Harry lives on the beach in an old VW bus. He spends his days surfing, and whenever he needs money, he simply opens his case and plays his guitar beside the boardwalk. b) Tommy works for the Bureau of Land Management but paints house exteriors on the side for extra money. He regularly tells his boss to take a hike because he hates his job. c) Mason is a banker who has been working at the same branch for 30 years. He enjoys swing jazz and World War I documentaries, as well as the security he is afforded by his position. d) Jill holds a BS in business and another in landscape architecture. While she works at a coffee shop to make ends meet, she cannot stop herself from staying up late into the night researching the landscape architecture industry and making a strategy.

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