When securing a bank loan, which of the following is not a question an entrepreneur should be prepared to answer?
A) When do you need it?
B) How do you need it?
C) What do you need it for?
D) What is the price of your product?
Correct Answer:
Verified
Q18: Trade credit is given by suppliers who
Q19: The venture capital pool is rapidly declining
Q20: Informal risk capitalists are those who have
Q21: Venture capitalists are experienced professionals who provide
Q22: Venture capitalists are quick to invest.
Q24: The business plan is a critical element
Q25: Venture capitalists, surprisingly, require little information before
Q26: When using P2P lending, one potential danger
Q27: Long-term debt is used for
A)recurring purchases.
B)the purchase
Q28: Use of debt to finance a new
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