Any valuable asset that is donated to a business without any obligation to repay or to give any ownership interest is called a(n)_____.

Question

Quizplus · Accepted Answer

A gift is a valuable asset that is donated to a business without any obligation to repay or to give any ownership interest. Debt involves repayment with interest, equity capital involves ownership interest, and investment involves an expectation of a return on investment.

Any Valuable Asset That Is Donated to a Business Without