A means of obtaining financial resources that involves the sale of part of the ownership of the business is
A) debt financing.
B) equity financing.
C) commercial loans.
D) bankruptcy.

Question

Quizplus · Accepted Answer

Equity financing involves selling a portion of ownership in the business to investors in exchange for capital. This differs from debt financing, where funds are borrowed but ownership remains with the business owner, as well as commercial loans, which are a type of debt financing. Bankruptcy is not a means of obtaining financial resources, but rather a legal process for resolving debt and financial obligations.

A Means of Obtaining Financial Resources That Involves the Sale