A person who becomes an owner by inheriting or getting a stake in a family business is known as a _____.
A) founder
B) franchisor
C) heir
D) serial entrepreneur

Question

Quizplus · Accepted Answer

An heir is a person who inherits or receives a stake in a family business. Option A, founder, refers to a person who establishes a new business. Option B, franchisor, is a person who grants a franchisee the right to use their business model and brand name. Option D, serial entrepreneur, is a person who starts several businesses over time.

A Person Who Becomes an Owner by Inheriting or Getting