A common rule of thumb is to have enough cash saved cover at least ______ of basic personal living expenses before starting a business
a. 4 Months
b. 6 Months
c. 9 Months
d. 12 Months
b. 6 Months
You might also like to view...
Which of the following does the chapter list as functions of meetings?
A. informational or fact-finding B. problem solving C. decision-making D. all of these are correct
Which of the following sentences contains a comma splice?
A) Miguel will write the document, but Alicia will proofread it. B) Miguel will write the document, Alicia will proofread it. C) Miguel will write the document; however, Alicia will proofread it. D) Miguel will write the document. Alicia will proofread it.
Under what type of securities offering must the issuer determine if the investor is an accredited, sophisticated investor and if the stock is restricted?
A. Regulation A offering B. Regulation D offering C. public offering D. interstate offering
Which of the following best describes a pure risk?
A) An uncontrollable risk that cannot be insured B) The outcome will either be a loss or no change C) The outcome will be either a loss or a gain D) A risk with three possible outcomes