A(n) _____ Is the Person or Company That Pays for What

question 15

Multiple Choice

A(n) _____ is the person or company that pays for what an entrepreneur is offering.

• A) strategic partner
• B) customer
• C) importer
• D) intermediary
• E) supplier

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Definitions:

External Financing

denotes the process of obtaining capital from outside sources, like banks or investors, to fund operations, expansions, or projects.

Market Value

The prevailing price for an asset or service that is available for transaction in an open marketplace.

Flotation Costs

The costs associated with issuing new stocks or bonds, including underwriting fees, legal fees, and registration fees.