A _____ Is the Combining Two or More Firms to Form

question 19

Short Answer

A _____ is the combining two or more firms to form one new company.

Distinguish between the two types of funds (debt and equity) available to small business owners.

Know the importance of credit scores in obtaining business loans.

Understand the differences between fixed-rate and variable-rate loans and their implications.

Recognize the limitations and features of term insurance policies in the context of borrowing.

---

Definitions:

LGBT Individuals

Refers to persons who identify as lesbian, gay, bisexual, or transgender, encompassing a diverse community of sexual orientations and gender identities.

Transgender People

Individuals whose gender identity differs from the sex they were assigned at birth.

Discrimination

Discrimination is the unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, sex, or disability.

Recovery

The process of making a return to a normal or healthier state after experiencing illness, addiction, or hardship.