Match the Definition with Its Term

question 127

Multiple Choice

Match the definition with its term.
-An SBA loan program that provides long-term financing for small businesses to acquire real estate or machinery and equipment

• A)7(a) Loan Guaranty Program
• B)7(m) Microloan Program
• C)Certified Development Company (CDC) 504 Loan Program
• D)community-based financial institution
• E)formal venture capitalists
• F)informal venture capital
• G)loan covenants
• H)Small Business Innovative Research (SBIR) Program
• I)small business investment companies (SBICs)

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Definitions:

Bailment

The act of temporarily entrusting personal property to someone else while retaining ownership.

Goods

Tangible items that are produced or manufactured for sale and consumption.

Warehouse Storage

The use of a warehouse for holding goods in storage, typically until they are sold or transported to another location.

Common Carriage

The public transportation of goods or persons where the carrier offers services to the public under license or authority.