After Being Turned Down from the Banks to Provide Her

question 89

Multiple Choice

After being turned down from the banks to provide her with start-up capital for a new venture,Juanita borrows money from a close friend a lower interest rate.What should Juanita do regarding this loan?

• A) Put the terms of the loan in writing.
• B) Slowly pay the loan since the interest rate lower.
• C) Offer her friend shares in the company.
• D) Allow her friend to help make operating decisions.

Identify and compute the least common denominator in given scenarios.

Apply conversion factors to calculate equivalent measurements in different units of weight, length, volume, and digital storage.

Use conversion factors for time calculations and understand time unit conversions.

Calculate the total requirements (e.g., medication dosage, resource needs) based on given schedules or consumption rates.

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Definitions:

Sole Proprietorship

A business structure where a single individual owns, operates, and is responsible for all aspects of the business.

Pre-Owned Auto

A previously owned vehicle that is sold in the automotive market, typically having one or more prior owners before the current transaction.

Good Faith

Good faith denotes honesty or sincerity of intention in fulfilling one's obligations or transacting business.

Franchisor

An individual or company that grants the license to third parties to conduct business under its trademark, business model, and brand.