Most loans banks make to start-up businesses are not secured by collateral but by the character of the entrepreneur

Indicate whether the statement is true or false.

Answer: FALSE

Business

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A broker is required to regularly account to an owner on the status, expenditure and location of negotiable trust funds, called a(n):

a. balance sheet. b. deposit receipt. c. owner's statement. d. amortization schedule.

Business

An organization that has an organic structure has:

A) low formalization. B) a limited information network. C) little participation by low-level members in decision making. D) high complexity.

Business