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Author Question: Jacob is in urgent need of financing for his rapidly-growing online travel business, Travelmuch. ... (Read 46 times)

jon_i

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on: Jul 14, 2018
Jacob is in urgent need of financing for his rapidly-growing online travel business, Travelmuch. Since Jacob does not usually pay off his loans on time, his credit score is very low. He feels overwhelmed and thinks that it would be ideal if he gets some guidance on how to run the business. Given his situation, which of the following key sources of funding would be ideal for Jacob?
 A) A commercial bank loan
  B) A venture capital firm
  C) An initial public offering
  D) A Small Business Administration (SBA) loan

Question 2

The form of business organization that accounts for 82 percent of all sales revenues in the United States is the
 A) sole proprietorship.
  B) partnership.
  C) corporation.
  D) joint venture.
  E) syndicate.


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poopface

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Reply #1 on: Jul 14, 2018
Answer to Question 1

B

Answer to Question 2

C


jon_i

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Reply 2 on: Jul 14, 2018
Thanks for the timely response, appreciate it

chjcharjto14

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Reply 3 on: Yesterday
Excellent

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