The "80/20" rule, as defined in class, is the theory that

Question 17 options:

	80% of the products sold come from 20% of the products offered by a business
	For every $80 a consumer spends, $20 is the average profit margin for the business
	80% of all new startup businesses fail while only 20% succeed
	Out of every 100 consumers that enter your establishment, 20 are likely to

An example of work product, as discussed in our class lectures, is

	The product or service being advertised by the business
	The collective result of a group of employees working together to produce a product
	An SBU physician/professor working at the university finding a cure for a disease
	The reputation cultivated by the workers of the organization
	A disgruntled employee attempted to profit by selling company information

An example of goodwill, as identified in our class lectures, when purchasing a business is

	furniture, fixtures and equipment
	the work ethic of the employees
	ownership and corporate entity structure
	business reputation in the community
	the quality of product historically sold by the company

An _____________________ is a clause that attempts to limit a business from liability for the acts or injuries of its customers.

	Takings Clause
	ADR Clause
	Right of Eminent Domain Clause
	Exculpatory Clause
	Force Majeure