Start-Up Investment Is the One-Time Expense of Opening a Business

question 15

Multiple Choice

Start-up investment is the one-time expense of opening a business. It is also called ________.

• A) entry cost
• B) seed capital
• C) down payment
• D) beginning capital

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Definitions:

Impoundment Control Act

A 1974 U.S. law designed to restrict the power of the President to impound funds appropriated by Congress, ensuring that authorized funds are spent.

Committee System

A method of delegating legislative or administrative tasks to smaller, specialized groups within a larger organization or governing body, often found in parliaments or congresses.

Congress

A bicameral body that constitutes the legislative branch of the United States, tasked with creating and passing federal laws, comprising two parts: The Senate, representing states equally, and the House of Representatives, representing districts based on population.

Federalists

Supporters of the ratification of the U.S. Constitution, advocating for a strong central government to unite the states and manage national issues effectively.