Many Small Rural Operations Cannot Obtain Financing Within Their Own

question 24

Multiple Choice

Many small rural operations cannot obtain financing within their own communities because:

• A)small rural banks believe that small businesses lack the flexibility to adapt to changing market demands.
• B)small businesses require a huge sum of money as they often compete in the mass market.
• C)government regulations do not permit financing small rural businesses.
• D)small rural banks lack the necessary financial expertise to counter the risks involved with small-business loans.
• E)rural communities have various business guidelines that prohibit rural banks from financing small businesses.

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Definitions:

Tennessee

A U.S. state located in the southeastern region, known for its contributions to the genres of country and blues music.

Peninsula Campaign

A major Union operation in 1862 during the American Civil War, aimed at capturing the Confederate capital of Richmond, Virginia, by moving up the Virginia Peninsula.

Major Union Victory

A significant battle or campaign won by the Union forces during the American Civil War, often turning the tide in favor of the North.

Richmond

is the capital city of Virginia, United States, known for its historical significance during the Civil War as the capital of the Confederacy.