Author Question: While raising start-up funds from friends and family, it is: A) acceptable to not repay them. B) ... (Read 217 times)

ericka1 · **on:** Jul 14, 2018

While raising start-up funds from friends and family, it is:
A) acceptable to not repay them.
B) essential to involve them in company dealings.
C) acceptable to not document the financing.
D) essential to keep the relationship as professional as possible.

Question 2

Quarrels among business associates have become common. The associates quarrel over what products the firm should sell, division of authority, selection of personnel, whether to bring family members into the business, whether to expand, and who is contributing most to the firm's success. Such feuding, which damages business relationships, occurs most frequently in what form of business?
A) Partnerships
B) Cooperatives
C) Corporations
D) Sole proprietorships
E) S-corporations