Chaz has an idea for a service business. It has worked well in other markets, and Chaz sees no reason why it should not work locally. The service involves renting DVDs about colleges

and universities to high school students. The colleges Chaz has contacted are all for it, and

the students he has talked to are excited about the idea as well. However, the three banks

from which he has tried to borrow money to set up his business are skeptical. They have all

turned him down for a loan.

What entrepreneurial characteristic should kick in here if Chaz's business is going to

become a reality? Why is that characteristic so important in this situation? Why is it impor-

tant to entrepreneurs in general?

The mccolls have made an offer on a new home. the home is new construction and scheduled to be completed by the end of the year. they provide a purchase deposit--a check in the amount of $40,000--to their agent, suzette. suzette, at the broker's direction, deposits the earnest money in the broker's trust fund account within two business days of receipt of the funds. did suzette follow the proper procedures? a. no, the check should not have been cashed. if a check is used as an earnest money deposit, it is to be held until acceptance of the offer. the seller must also be informed the buyer's check is being held and not negotiated.b. yes, suzette deposited the earnest money in the broker's trust fund account as directed. she also deposited the check within three business days of receipt. unless there were written instructions to hold the check until acceptance of the offer, the check may be cashed.c. no, suzette needed to deposit the earnest money in the broker's trust fund account within two days of receipt, not necessarily two business days.d. both a and c