10
QuizMultiple Choice

Relating Income and Careers — Test

Question 10 • Personal Finance

Which is a significant financial risk associated with being an entrepreneur?

Answer
A
Calculating and paying income taxes
B
Securing income for their business
C
Facing bankruptcy in their business
D
Arranging benefits for themselves

Explanation

A significant financial risk of entrepreneurship is that the business may fail and leave the entrepreneur facing bankruptcy. Calculating taxes, securing business income, and arranging personal benefits can be challenges, but bankruptcy represents a direct risk of major financial loss.

AI-written and checked against the verified answer.

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