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Neal,a Licensed Real Estate Broker,received Notification That His Application for a Business

Question 200

Multiple Choice

Neal,a licensed real estate broker,received notification that his application for a business loan was denied.The bank refused his request because he failed to provide a blueprint identifying the intended target market and competitive strategy.In order to secure a bank loan Neal evidently needs a:


A) bankruptcy lawyer.
B) business plan.
C) venture capitalist.
D) loan advocate.

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