Which of the Following Statements Regarding the Small Business Administration

question 5

Multiple Choice

Which of the following statements regarding the Small Business Administration (SBA) is not true?

• A) SBA loans require at least 15% owner's equity.
• B) The SBA Microloan Program provides up to $75,000 in long-term loans to small businesses.
• C) SBA Microloans have repayment terms of up to 10 years.
• D) All of the above

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Definitions:

Light-duty Truck Equivalent

A classification for trucks and commercial vehicles based on weight, design, and usage, typically for less demanding transportation tasks.

J1939 Data Bus

A communications network protocol used in heavy-duty vehicles, allowing electronic control units (ECUs) to communicate.

SAE J1939 Data Bus

The SAE J1939 data bus is a high-level protocol for communication among nodes in heavy-duty vehicles, providing standardized messaging for diagnostics, control, and monitoring.

9-pin Black Deutsch

A type of rugged electrical connector commonly used in automotive and industrial applications for signal and power.