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    Entrepreneurial Finance Study Set 5
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    Exam 3: Organizing and Financing a New Venture
  5. Question
    Which of the Following Is Not a Likely Source of First-Round
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Which of the Following Is Not a Likely Source of First-Round

Question 23

Question 23

Multiple Choice

Which of the following is not a likely source of first-round financing during the survival stage of a venture's life cycle?


A) venture capitalists
B) commercial banks
C) family and friends
D) suppliers and customers

Correct Answer:

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