Which of the Following Is the Least Likely Source of Funding

question 1

Multiple Choice

Which of the following is the least likely source of funding for a venture that is in the seed stage of development?

• A)angel financiers
• B)bootstrapping
• C)banks

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Definitions:

Nonexcludable

A characteristic of a good whereby it is difficult or impossible to prevent people who have not paid for it from consuming or using it.

Rival

An entity competing against another in the same market or field.

Rival

A term used in economics to describe a good or service that cannot be consumed by more than one person at the same time, meaning consumption by one person diminishes the ability of another to consume it.

Nonexcludable

A characteristic of a good where it is impossible, or highly costly, to prevent someone from using the good once it has been provided.