Businesses Starting with No Start-Up Capital and Those Starting with More

question 82

True/False

Businesses starting with no start-up capital and those starting with more than $50,000 are among those most likely to survive long-term.

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Definitions:

Financial Institutions

Organizations that conduct financial transactions such as investments, loans, and deposits. Common examples include banks, credit unions, and insurance companies.

Anonymously

Acting or producing something without revealing one's identity.

Federal Deposit Insurance Corporation

A U.S. government agency created to maintain stability and public confidence in the nation’s financial system by insuring deposits, examining and supervising financial institutions for safety, and managing receiverships.

Federal Registration

The process of officially recording something, like a trademark or document, at the federal level for recognition and protection.