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After Being Turned Down from the Banks to Provide Her

Question 89

Multiple Choice

After being turned down from the banks to provide her with start-up capital for a new venture,Juanita borrows money from a close friend a lower interest rate.What should Juanita do regarding this loan?


A) Put the terms of the loan in writing.
B) Slowly pay the loan since the interest rate lower.
C) Offer her friend shares in the company.
D) Allow her friend to help make operating decisions.

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