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Quiz 3A

Authored by ANNE CARLOS

Business

1st Grade

Used 7+ times

Quiz 3A
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25 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In Equity Financing you were not giving up ownership of your business

TRUE

FALSE

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Banks are conservative when lending money, that is why small business choose banks to get loan.

TRUE

FALSE

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In using choosing equity financing, there is a big chance that you might lose control to your business as stockholders increase their share

TRUE

FALSE

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Banks haves fixed terms and interest rate

TRUE

FALSE

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If you borrowed loan from banks, tax are deductible

TRUE

FALSE

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In Equity Financing, your credit history is not needed

TRUE

FALSE

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In debt financing, if your business got bankrupt you are still obligated to pay the said debt

TRUE

FALSE

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