When Applying for a Loan with the Small Business Administration

question 45

Multiple Choice

When applying for a loan with the Small Business Administration, you will have to provide tax returns for a period of

• A) five years.
• B) two years.
• C) one year.
• D) four years.
• E) three years.

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Definitions:

Logical Arguments

Reasoning structured in a way that follows principles of logic, typically involving premises that lead to a conclusion.

Hypothesis

A potential explanation that needs to be tested.

Potential Explanation

A possible reason or rationale that could clarify or account for a specific phenomenon or situation.

Yardstick Approach

A method of decision-making that involves comparing alternative actions against a predefined standard or "yardstick."