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Delta Inc, an Electric Car Maker, Initially Had Financing from a a Small

Question 64

Multiple Choice

Delta Inc., an electric car maker, initially had financing from a small group of investors seeking to make profits through rapid growth. The investors did not lend money, but invested it in the company in return for stock. Delta's source of financing was:


A) personal resources.
B) a commercial bank.
C) a strategic alliance.
D) a venture capital company.
E) a small-business investment company (SBIC) .

Correct Answer:

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