Most Small Business Administration loans are actually made by:
a. the Small Business Administration
b. private lenders
c. the government
d. private foundations
e. venture capitalists
b. private lenders
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Which of the following is a disadvantage of partnership firms?
A) They cannot be dissolved without the permission of the SEC. B) They are taxed at multiple levels: corporate level and individual level. C) They have more difficulty in raising capital as compared to a sole proprietorship. D) They have mutual agency which creates personal obligations for each partner.
According to the case “Ursula Burns—Xerox’s Inspiring Leader,” she was able to rise up the ranks at Xerox because
a. she was high on the need for power b. she was good at establishing relationships with mentors c. although she lacked “people skills,” her engineering genius led to several highly profitable patents and inventions d. her wealthy family and social background give her important contacts with influential members of the executive team
A functional résumé focuses on job duties performed rather than a chronological job history
Indicate whether the statement is true or false.
Real options are options to buy real assets, especially stocks, rather than interest-bearing assets, like bonds.
Answer the following statement true (T) or false (F)