Mariana Wants to Start an Event Management Firm with Two

question 119

Multiple Choice

Mariana wants to start an event management firm with two of her friends.She decides to create a business plan that will help her in securing financing for her firm.Which of the following should she include in the business plan?

• A)A list of her previous clients
• B)A list of the potential lenders
• C)An introduction that includes the objectives of her business
• D)A time frame for selling stock to investors

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Definitions:

Dishonored

A term referring to a financial instrument, such as a check, that has been presented for payment but refused by the bank or payer.

Commercially Reasonable

Actions that a prudent individual or entity would take in a commercial context, considering the circumstances reasonably expected in such a situation.

Notice Of Dishonor

A formal notification that a negotiable instrument, such as a check or draft, has been presented for payment and has been dishonored due to insufficient funds or other reasons.

UCC

The Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States, including sales, negotiable instruments, and secured transactions.