ENTR 2P51 Study Guide - Midterm Guide: Becky Mode, Pearson Education, Prentice Hall

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Chapter 7 preparing the proper ethical and legal foundation: xplosafe, the company profiled in the opening feature for chapter 7, interviewed four attorneys before selecting the attorney they now use. They selected the attorney they did for two reasons: his fees were the lowest and he is an entrepreneur himself, his references were the strongest and he is a former examiner for the u. s. Copyright office: he is the president of the oklahoma city, oklahoma, bar association and he had experience working with startups, he is a startup entrepreneur himself and he is a former examiner for the u. s. patent and. Trademark office: he had more experience working with startups and he agreed to alter his fee structure to charge less at the beginning and more as xplosafe became profitable. Objective: discuss approaches to exiting a business venture. Objective: discuss the role of ethics in business.