Trusts allow businesses to control an entire industry without violating laws that outlaw monopolies. True

False

False

Explanation:

I don't agree.

Explanation:

I do not agree that the only beneficiary of the entrepreneurial wealth is the entrepreneur himself/herself. Firstly, an entrepreneur is someone who has a business and takes all risks in order to make profit.

When an entrepreneur creates a business, he or she employs people who work for the entrepreneur and they get paid for the work done. In this way, the entrepreneur is contributing to the society.

Some entrepreneurs also give back to the society in form of scholarships, creating awareness on important issues etc. Furthermore, by setting up a business, the government taxes them and the tax can be utilized for the betterment of the country.

With the above explanation, the only beneficiary of the entrepreneurial wealth is not the entrepreneur him/herself. The whole society benefits.