Entrepreneurs Basically "Borrow from Themselves" by Pledging Their ________ as Collateral

question 16

Multiple Choice

Entrepreneurs basically "borrow from themselves" by pledging their ________ as collateral for the loans they receive in a ________.

• A)business; commercial loan
• B)business assets; home equity loan
• C)home; home equity loan
• D)big ticket items; floor loan

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Definitions:

Nasogastric Tube

A flexible tube passed through the nose into the stomach, used for feeding or removing stomach contents.

Trade Name

The commercial name given to a drug or product by its manufacturer, used for marketing purposes.

Generic Name

The official medical name for a drug's active ingredient, not protected by trademark.

Household Measurement

Common standard units used for measuring volume, length, or weight in everyday activities, like cooking or gardening.