Credit & Capital Review
Authored by Amanda Guidroz
Business
9th - 11th Grade
Used 190+ times
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18 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A friend or family member who offers support to the business owner because they want the business owner to succeed.
sweat equity
angel investor
investor equity
crowdfunding
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
___ refers to the hard work that a business owner puts into forming, founding, and operating his/her business.
angel investors
sweat equity
investor equity
crowdfunding
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This form of credit is expensive, requires very little information from business owners, and does not require personal guarantees.
secured bank debt
unsecured bank debt
unsecured debt
secured bank loan
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This form of credit is available to credit-worthy owners of a company who give a personal guarantee that if the business fails they will personally be responsible for paying back the debt.
online credit
unsecured debt
unsecured bank debt
secured bank debt
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The most expensive form of debt is usually __.
credit cards
online credit
unsecured bank debt
secured bank debt
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A fee paid monthly to the lender for borrowing money.
unsecured bank debt
interest payment
secured bank debt
origination fee
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount of money borrow from a creditor is called _.
guarantee
inventory
interest
principal
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