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    Business
  3. Study Set
    Entrepreneurship A Process Perspective
  4. Exam
    Exam 6: Financial Resources For New Ventures: How To Get Them, How To Manage Them
  5. Question
    Explain How You Making a Loan and Then Buying a Car
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Explain How You Making a Loan and Then Buying a Car

Question 14

Question 14

Essay

Explain how you making a loan and then buying a car with the proceeds from the loan is the same thing as asset-based financing used by a business.

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Asset-based financing means that a busin...

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