Choosing a Particular Lender May Be Most Influenced by

question 10

Multiple Choice

Choosing a particular lender may be most influenced by

• A)friendliness and understanding of the lender
• B)the entrepreneurs experiences in a previous venture
• C)the need for privacy
• D)length of the term and the use of the funds

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Definitions:

TSX

Toronto Stock Exchange, the largest stock exchange in Canada and the third largest in North America by market capitalization.

Market Value

The existing market price for the acquisition or disposal of an asset or service.

Auction Markets

Marketplaces where buyers and sellers bid on assets, with the highest bid winning the asset.

OTC

Over-the-Counter (OTC) refers to the process of trading securities directly between two parties without the oversight of an exchange.