Aside from Personal Savings, the Only Other Viable Source of Financing

question 164

True/False

Aside from personal savings, the only other viable source of financing for an entrepreneur would be funds available from friends and family.

---

Definitions:

Stock Split

The division of a company's existing stock into multiple shares to boost the liquidity of the shares, though the market capitalization remains unchanged.

Marketability

The ease with which an asset can be bought or sold in the market without affecting its price.

Shareholders

Individuals or entities that own one or more shares of stock in a corporation, thereby having an ownership interest in the company.

Board of Directors

A group of individuals elected by shareholders to oversee the management and make major decisions for a corporation.