Which of the Following Is True About SBA EWCP 7(a)

question 81

Multiple Choice

Which of the following is true about SBA EWCP 7(a) Loan Programs?

• A) They help small businesses develop or expand their export markets.
• B) They offer borrowers a maximum SBA-guaranteed portion of $1.75 million.
• C) They are aimed at offsetting the added risks of doing business abroad, from complex trade rules to unpaid bills.
• D) They provide lenders guarantees of up to 90 percent on export loans to ensure that qualified exporters do not lose viable export sales due to a lack of working capital.
• E) They offer short-term financing or may purchase the goods to be exported directly from the manufacturer.

---

Definitions:

State of Exhaustion

A legal or physical condition characterized by having exploited all available options or resources.

But-For Test

A legal test used to determine causation, indicating that an event (the consequence) would not have occurred but for a certain action (the cause).

Actual Cause

also known as "cause in fact," it refers to the factual determination that a defendant's actions are the direct cause of an event or damage.

Plaintiff's Injury

The harm or damage suffered by the plaintiff that forms the basis of their claim in a lawsuit.