A company launching 100% through boostrapping would use this source of funding
a. angel investor
b. venture capital funds
c. the use of personal funds
d. a bank loan
c. the use of personal funds
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An agreement arises when one person, the __________, makes an offer and the other person to whom the offer is made, the __________, accepts
A) grantor; grantee? B) ?grantee; grantor C) ?offeror; offeree D) ?offeree; offeror
In Chapter 13 bankruptcy, there is a confirmation plan worked out by the trustee
a. True b. False Indicate whether the statement is true or false
In order to obtain a patent, an application should be filed with the
a. Office of Government Publications. b. Patent and Trademark Office of the Department of Commerce. c. Government Accounting Office. d. United States Small Business Association.
Allison buys equipment and pays cash of $50,000, signs a note of $10,000 and assumes a liability on the property for $3,000. In addition, Allison pays an installation cost of $500 and a delivery cost of $800. Allison's basis in the asset is
A) $60,000. B) $63,000. C) $63,500. D) $64,300.