When Ralph Ketner Wanted to Start the Food Lion Grocery

Multiple Choice

When Ralph Ketner wanted to start the Food Lion grocery store business,he and his brother called 100 friends to each invest $1,000 in his business.This source had to be used probably because

A) as a new business, the risk was high.
B) banks are not allowed to lend to startups.
C) it was the only legal way to proceed.
D) selling stock is impossible for new startups.