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An Entrepreneur Launching a New Business Has Multiple Sources to Choose

Question 12

Multiple Choice

An entrepreneur launching a new business has multiple sources to choose from when it comes to financing. All of the following are good sources for funding a new enterpriseexcept


A) personal savings, credit cards, and second mortgages.
B) loans from family or friends.
C) winnings from gambling at casinos and horse races.
D) angel investors and venture capitalists.
E) loans backed by the Small Business Administration.

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