During Periods of Economic Expansion, Firms Usually Rely More on Internal

question 156

True/False

During periods of economic expansion, firms usually rely more on internal sources of funds.

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Definitions:

Reasonable Person

A standard of care used to measure acts of negligence.

Duty of Care

A legal obligation which requires a person to adhere to a standard of reasonable care while performing any acts that could foreseeably harm others.

Foreseen

Anticipated or predicted as likely to happen in the future.

Rattlesnake

A venomous snake known for the distinctive rattle at the end of its tail, which it shakes as a warning signal to potential predators or threats.