Which One of the Following Is a Basis Point

question 10

Multiple Choice

Which one of the following is a basis point?

• A) 1 percent
• B) 0.1 percent
• C) 0.01 percent
• D) 0.001 percent
• E) 0.0001 percent

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Definitions:

Personally Liable

The legal responsibility of an individual to settle debt or legal obligations from their personal assets.

Directors

Individuals elected by shareholders to a company's board, responsible for making major decisions and overseeing management.

Marshaling Resources

The act of gathering, organizing, and deploying resources (human, financial, material) effectively to achieve specific objectives.

Bootstrapping

A self-funding approach where entrepreneurs start and grow their businesses using personal finances or the operating revenues of the new company.