Which of the Following Is Not a Reason for Starting

question 123

Multiple Choice

Which of the following is not a reason for starting a small business?

• A) Desire to determine one's own destiny
• B) Willingness to find and accept a challenge
• C) Desire for a guaranteed financial return
• D) Desire for independence
• E) Desire to create a new business

---

Definitions:

Cost of Debt

The effective rate that a company pays on its current debt, incorporating both interest payments and issuance costs.

All Equity Firm

A company that is financed solely through equity without the use of debt or leverage, relying entirely on shareholder funds.

Closely Held

A descriptor for corporations that have a small number of shareholders, with shares not publicly traded and often owned by family members or a small group of investors.

Borrow

The act of obtaining or receiving something with the intention of returning it or its equivalent, often involving money with an agreement to pay interest.