There Are Two Major Advantages of Getting a Loan Versus

question 46

Multiple Choice

There are two major advantages of getting a loan versus investment capital:

• A) the money doesn't have to be paid back and lenders typically take an active interest in their borrowers
• B) banks are reliable sources of funding for startups and interest payments are tax deductible
• C) the money doesn't have to be paid back and no ownership in the firm is surrendered
• D) no ownership in the firm is surrendered and interest payments are tax deductible
• E) banks are reliable sources of funding for startups and lenders typically take an active interest in borrowers

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Definitions:

Suggestive Selling

A sales technique that involves recommending additional products or services to customers based on their current selections to enhance their purchase experience.

Sales Presentations

A strategy used by salespeople involving a structured dialogue or demonstration to convince potential buyers of the value of a product or service.

Nonverbal Selling

The aspect of sales that involves communicating and influencing a customer through body language, gestures, and facial expressions rather than spoken word.

Hospital Administrator

A professional who manages and oversees the operations and services of a hospital or healthcare facility.