The Legal Environment of Business: Text and Cases
10th Edition
ISBN: 9781337535878
Author: Frank B. Cross; Roger LeRoy Miller
Publisher: Cengage Learning US
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Question
Chapter 21, Problem 6BCP
Summary Introduction
Case s ummar y: A person CH was working as a janitor for the company KFM-GM. She developed sensitivity to the cleaning products. The physician gave a restriction of non-exposure to the cleaning solutions. She asked the company to eliminate the restrooms from her cleaning route or a respirator should be provided to her by the company. The company told her that there would be no work available within the restriction physicians had imposed on her. The company refused to provide the respirator to CH.
To find: The violation of the American with Disabilities Act by the company KFM-GM.
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QUESTION 1
Examine the information provided below and answer the following question.
(10 MARKS)
The hockey stick model of start-up financing, illustrated by the diagram below, has received a lot of attention in the
entrepreneurial finance literature (Cumming & Johan, 2013; Kaplan & Strömberg, 2014; Gompers & Lerner, 2020). The model
is often used to describe the typical funding and growth trajectory of many startups. The model emphasizes three main
stages, each of which reflects a different phase of growth, risk, and funding expectations.
Entrepreneur, 3 F's
Debt(banks & microfinance)
Research Business angels/Angel Venture funds/Venture capitalists
Merger, Acquisition
Grants
investors
PO
Public market
Growth (revenue)
Break even
point
Pide
1st round
Expansion
2nd round
3rd round
Research
commercial idea
Pre-seed
Initial concept
Seed
Early
Expansion
Financial stage
Late
IPO
Inception and
prototype
Figure 1. The hockey stick model of start-up financing (Lasrado & Lugmayr, 2013)
REQUIRED:…
Financial Accounting Question please answer
Chapter 21 Solutions
The Legal Environment of Business: Text and Cases
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