Kayla Is Opening a Home Health Care Business That She

question 47

Multiple Choice

Kayla is opening a home health care business that she knows will do well in her community based on prior research. Although she must repay borrowed funds, Kayla chooses ______ to maintain complete control over the business without having to answer to investors or partners.

• A) debt financing
• B) venture financing
• C) sole proprietor financing
• D) equity financing

---

Definitions:

Negotiation

The process of discussing things with others to reach an agreement, compromise, or settlement.

Order

An authoritative command, direction, or instruction, typically issued by a court or by someone in a position of power.

Bearer

A term referring to an individual in possession of a negotiable instrument (such as a check or bond) that is payable to whoever holds it.

Assigns

Individuals or entities to whom rights or properties are legally transferred.