Which of the Following Statements Is Not Correct Regarding the SBA

question 31

Multiple Choice

Which of the following statements is not correct regarding the SBA 7(A) Loan Guaranty Program?

• A) It is the most notable SBA program available to small businesses.
• B) The program accounts for 90 percent of the SBA's loan activity.
• C) The 7(A) guaranty program has a direct loan counterpart, the 7(B) direct loan program.
• D) Almost all small businesses are eligible to apply for it.
• E) A 7(A) guaranteed loan can be used for working capital.

Understand best practices for communicating and promoting products or services via social media.

Learn how to effectively respond to criticism and misinformation on social media.

Understand the role of social networks in connecting individuals and facilitating company workforce integration.

Identify the major social networks used for career networking and their primary purposes.

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Definitions:

Carbon Dioxide

A clear, unscented gas resulting from the burning of carbon-containing compounds and the act of respiration, which plants use in the process of photosynthesis.

Water

A ubiquitous chemical substance with the formula H2O, vital for all known forms of life and used in a myriad of industrial processes.

Polarity

The property of having distinct and opposite directions or poles, used in various scientific contexts, such as molecular polarity, cell polarity, and electrical polarity.

Hydrogen Bonding

A type of weak chemical bond that is formed between the hydrogen atom in one molecule and an electronegative atom in another molecule.