An Investor Provides Resources to a Business in Exchange for

question 26

Multiple Choice

An investor provides resources to a business in exchange for

• A) physical resources.
• B) priority of claims in event of liquidation.
• C) an ownership interest in the business.
• D) a promise that the resources will be repaid at a given date.

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Definitions:

Bankruptcy Law

The body of federal law that governs bankruptcy proceedings. The twin goals of bankruptcy law are to protect a debtor by giving him or her a fresh start and to ensure that creditors competing for a debtor’s assets are treated fairly.

Specialties

Focus areas within a profession or field where practitioners have specific expertise and knowledge.

Formal Work Environment

an organizational setting that strictly adheres to a set of established protocols, rules, and hierarchies.

Health Problems

Issues or conditions that negatively affect an individual's physical or mental well-being.