Many small rural operations cannot obtain financing within their own communities because:
A) small rural banks believe that small businesses lack the flexibility to adapt to changing market demands.
B) small businesses require a huge sum of money as they often compete in the mass market.
C) government regulations do not permit financing small rural businesses.
D) small rural banks lack the necessary financial expertise to counter the risks involved with small-business loans.
E) rural communities have various business guidelines that prohibit rural banks from financing small businesses.
Correct Answer:
Verified
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