Which One of the Following Statements Is NOT True

question 43

Multiple Choice

Which one of the following statements is NOT true?

• A) The process by which many entrepreneurs raise 'seed' money and obtain other resources necessary to start their businesses is often called bootstrapping.
• B) Most businesses are started by an entrepreneur who has a vision for a new business or product and a passionate belief in the concept's viability.
• C) The initial 'seed' money usually comes from the entrepreneur or other founders.
• D) The seed money is spent on developing an initial public offering.

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