Ch 7-3 Entrepreneurship: Finding the Money
Quiz
•
Business
•
9th Grade
•
Hard
Benjamin Kitt
Used 31+ times
FREE Resource
6 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What percentage of all start-ups are funded with credit cards?
10
20
30
80
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
It is uncommon to receive all of your start-up money (100%) from loans
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Small Business Administration (SBA) has a microloan program that lends borrowers small amounts of money (usually about $13k)
True
False
4.
MULTIPLE SELECT QUESTION
45 sec • 5 pts
What are the some common ways to get funds to start up a business?
Ask Grandma
Crowdfunding
Credit Cards
Find a stray bag of money
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
With a credit card, you don't have to pay back the money.
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Only around 25% of small businesses owners spend their own money to start a business.
True
False
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