Multiple Choice
Steve Wilson, a chef at a major restaurant in San Francisco, wants to start his own restaurant.He surveys the market, finds a suitable location, and calculates how much money he will need to lease the building and purchase the necessary equipment and supplies.Steve visits his banker and requests a loan.The money Steve will receive as a loan and the resources he will purchase with it are known as _____.
A) capital
B) profit
C) revenue
D) collateral
E) stock
Correct Answer:

Verified
Correct Answer:
Verified
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