As discussed in the Opening Profile to Chapter 1, as a young entrepreneur, David Reynolds was faced with which of the following problem(s) ?
A) Retailers would not sign a contract without a finished product.
B) Any potential investors wanted a large equity position in the company.
C) Banks would not lend to him without signed contracts and significant collateral.
D) He was not eligible for government programs because he intended to manufacture overseas.
E) All of the answers are correct.
Correct Answer:
Verified
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