Which types of finance are available to sole traders? Please select all that apply.
A) Bank loans and overdrafts
B) Preference share capital
C) Cash provided from the sole trader's own resources
D) Bonds
Correct Answer:
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Q1: All limited liability companies can issue shares
Q2: Sole traders are the only form of
Q3: Which of the following statements describe sole
Q4: Which one of the following is not
Q5: Which one of the following is not
Q7: Which one of the following statements does
Q8: Debentures, bonds and loan notes are long-term
Q9: Which of the following are characteristics of
Q10: Which of the following are characteristics of
Q11: Payment of interest on borrowings is compulsory
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