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4 Cards in this Set
- Front
- Back
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A source of funding that requires money
borrowed to be paid back with interest is |
Debt.
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One advantage of using personal savings to
fund a sole proprietorship is that: |
The owner retains all the profits.
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One disadvantage of using personal savings
as a source of funding is that it: |
Provides unlimited liability
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An advantage of using family and friends
|
The availability of money with little or no
restriction. |
