Which of the Following Statements Regarding the Small Business Investment

question 37

Multiple Choice

Which of the following statements regarding the Small Business Investment Companies (SBIC) is true?

• A) SBICs are privately organized venture capital firms licensed by the SBA.
• B) SBIC make equity investments and loans to entrepreneurs for start-up activities and expansions.
• C) SBICs rely on investment funds from the U.S. Treasury.
• D) All of the above

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Definitions:

State Laws

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Unitary System

A form of government where all the powers are held by a single central authority, often in contrast to federal systems.

Ultimate Government Authority

The highest level of power or decision-making within a governmental structure, which oversees and guides the functioning of all other levels.

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