Lois Wants to Start an Art Gallery

question 71

Multiple Choice

Lois wants to start an art gallery. However, because of lack of adequate funds, she decides to borrow money from a bank. The bank is hesitant to give money to Lois because it cannot verify whether her business would be able to earn enough profit to repay the borrowed amount within the stipulated period. However, after a thorough research, the bank grants her the money. In the given scenario, Lois uses _____ to fund her business.

• A) crowdfunding
• B) a loan
• C) venture capital
• D) a credit card

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Definitions:

Controlling

Exerting power or influence over situations or individuals often to achieve a desired outcome, sometimes at the expense of others' autonomy.

African-American Families

Denotes families of African descent living in the United States, with a focus on their cultural, social, and economic dynamics and structures.

Conflict-management Styles

The methods or approaches individuals use to handle disagreements, disputes, or conflicts, varying from avoidance to confrontation.

Single-parent Families

Family units comprised of one parent raising one or more children, which can present unique challenges and dynamics.