Solved

Marcus Wishes to Finance the Launch of a New Product

Question 77

Multiple Choice

Marcus wishes to finance the launch of a new product by borrowing money from the bank.The bank requires collateral for the loan.What will Marcus use for collateral?


A) a patent the company has for its unique product
B) goodwill from past good performances and customer satisfaction
C) property the company owns and will build on in the future
D) the trademark of the company's very well-known logo

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions