18191672
Description
Quiz by Thea Friend, updated more than 1 year ago
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Created by Thea Friend
over 5 years ago
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Question 1
Question
Are banks able to offer loans, business accounts, commercial mortgages and overdraft facilities.
Answer
- True
- False
Question 2
Question
Which of the following are external sources of finance
Answer
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leasing
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friends or family
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sole traders
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entrepreneur
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stakeholders
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venture capitalists
Question 3
Question
What is the definition of leasing?
Answer
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resources can be used by the business while they are bring paid for to a finance company
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a business can make use of resources and pay to use them every month
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a business sells its debts to another company and receives some of the money immediatly
Question 4
Question
Venture capitalists don't invest in new risky
Answer
- True
- False
Question 5
Question
What is hire purchase?
Answer
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people who invest in new and up-coming risky ventures
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resources can be used by the business while they are being paid for to a finance company
Question 6
Question
What is the image showing?
Answer
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Bank
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