In Which of the Following Credit Programs Does the SBA

question 60

Multiple Choice

In which of the following credit programs does the SBA borrow money to be lent Small Business Investment Companies SBICs) and guarantees payment to investors?

• A) 7a) loan
• B) 504 loan
• C) microloan
• D) venture capital loan
• E) credit card loan

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Definitions:

Goods

Tangible products that are produced, bought, or sold, thereby contributing to an economy's exchange of value.

Services

Activities or benefits provided by one party to another which are intangible and do not result in ownership.

Employment Patterns

The trends or general tendencies in how people are employed, including permanency, sectors of employment, work hours, and conditions.

Charles Handy

A renowned Irish author and philosopher specializing in organizational behavior and management.