Which of the Following Holds True for the Small Business

question 24

Multiple Choice

Which of the following holds true for the Small Business Administration?

• A) The SBA requires that you create your business plan or loan proposal prior to applying for an SBA guaranteed loan.
• B) A 504 Loan Program requires a 25% minimum down payment.
• C) The SBA does not guarantee small business loans.
• D) The SBA actually loans money to small business and is a bank.

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Definitions:

Compound

A substance made up of two or more elements chemically bonded together in a fixed ratio.

Resonance Form

One of two or more Lewis structures for a molecule that differ only in the position of electrons, not the position of nuclei.

Hybridization

A model explaining the bonding structure of molecules based on the mixing of atomic orbitals into new hybrid orbitals.

CCO Bond Angle

Refers to the angle between two carbon atoms and an oxygen atom within a molecule, impacting the molecule's shape and reactivity.