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Alexander Has Just Opened a Bakery & Café in a Busy

Question 52

Multiple Choice

Alexander has just opened a bakery & café in a busy New York City neighborhood.He has received an SBA-guaranteed microloan of $13,000.Alexander can use the microloan for all of the following,EXCEPT:


A) to buy a new dough mixer
B) to pay off outstanding business-related credit card bills
C) to pay for a new advertising campaign
D) to pay rent and utility bills for the building

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