The Loan Proposal Portion of the Business Plan Should Include

question 128

Multiple Choice

The loan proposal portion of the business plan should include:

• A)three sets of forecasts: optimistic,realistic,and pessimistic.
• B)a realistic timetable for repayment or for investors to exit.
• C)pro forma for two to three years.
• D)a listing of anyone who owns more than 20% of the business.

---

Definitions:

Civil Suit

A legal action between private parties (as opposed to criminal proceedings), often involving demands for compensation for harm or enforcement of rights.

Wrongfully Dishonors

The unjustified refusal to accept or pay a financial instrument, such as a check, when it is presented for payment.

Resulting Damages

Financial losses or harm that occur as a direct consequence of an action or event.

Forced Indorsement

A signature placed on a negotiable instrument, such as a check, without the consent of the party whose name is signed.