Banks often require, as a condition for loaning money to a beginning business, that the owners assume personal liability for the loan.
a. true
b. false
Answer: a. true
You might also like to view...
Darlene conveys her beachfront property to Dan as a life estate, and upon Dan's death, the property will revert to Darlene or her heirs. Darlene's future interest in the beachfront property is called a remainder
a. True b. False Indicate whether the statement is true or false
Wayside Winery's operating income for the year was $73,000. The interest expense was $11,800 and the income tax expense was $6,900. What is Wayside's interest coverage ratio for the year? (Round your final answer to two decimal places.)
A) 10.58 B) 3.90 C) 6.19 D) 0.16
If you wanted to remind consumers about the existence of your product, you'd most likely use competitive advertising
Indicate whether the statement is true or false.
Which of the following is not a good example of a marketing-related key success factor (KSF)?
A) High utilization of fixed assets B) A well-known and well-respected brand name C) Breadth of product line and product selection D) Clever advertising E) Courteous, personalized customer service