Match the Definition with Its Term

question 75

Multiple Choice

Match the definition with its term.
-A loan program that helps small companies obtain financing through a guaranty provided by the SBA

• 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:

National Government

Refers to the political authority that governs an entire nation, encompassing all three branches (executive, legislative, and judicial) and responsible for national policy, lawmaking, and administration.

Ultimate Authority

The highest level of power or the most authoritative figure or institution in a specific context or system.

Dual Federalism

A political arrangement in which state and national governments are seen as distinct entities providing separate spheres of governance, with little overlap.

Sponge Cake

A light, fluffy cake made with eggs, sugar, and flour, often served as a dessert or with tea.