EEL229 1

Financing means getting money from financial institutions.

• True

• False

You have to repay the money in financing.

• True

• False

You do not need to pay the interest money at the time of repayment.

• True

• False

Financing also means borrowing money with ______ to repay.

• contract

• promise

Is Starbucks legally a bank?

• Yes

• No

Financing helps you start your business.

• True

• False

You can get money from financial institutions or any person when in need.

• True

• False