For Small Businesses Going Global,the SBA Offers This Program with a One-Page

question 14

Multiple Choice

For small businesses going global,the SBA offers this program with a one-page loan application.

• A)Export Working Capital (EWC)Program
• B)International Capital Expansion (ICE)Program
• C)International Trade Program
• D)CAPLine Program

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Definitions:

Procedures for Incorporation

The standardized legal steps and requirements followed to legally form and register a corporation with the state or appropriate authority.

Challenge

A call to engage in a competition or contest.

Corporation

A legal entity separate from its owners, offering limited liability to its shareholders and able to own property and sign contracts.

Close Corporation

A corporation whose shareholders are limited to a small group of persons, often family members.