A potential business owner needs to convey his or her business idea to a prospective investor or lender in ________ minutes.
A. 10
B. 5
C. 2
D. 12
Answer: C
Business
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The amount that a company would have to pay today to acquire an asset it now holds is called ________________________________________
Fill in the blank(s) with correct word
Business
What are the functions of a mission statement?
Business
According to the Federal Trade Commission (FTC), a new product is
A. something that is new in any way for the company concerned. B. only new for twelve months. C. entirely new or changed in a functionally different or substantial respect. D. only new for two months. E. None of these answers is correct.
Business
Which of the following categories of owners have unlimited liability?
A) sole proprietors B) general partners in a limited partnership C) shareholders of a corporation D) both A and B
Business