Most Owners of Small Businesses Rely on Loans from Financial

question 43

True/False

Most owners of small businesses rely on loans from financial institutions for their start-up funds.

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Definitions:

Diplomatic Ties

Formal relationships between two countries, characterized by diplomatic communication and cooperation.

Obama

Referring to Barack Obama, the 44th President of the United States, who served from 2009 to 2017 and is the first African American to hold the office.

Article II

A section of the United States Constitution which outlines the executive branch of the government, including the powers of the President.

Inherent Powers

Powers that are not explicitly stated in the Constitution but are assumed to exist due to the very existence of the national government, allowing it to function effectively.