An owner to start a business is called:Question 15Answera.Loanb.Capitalc.Investmentd.Drawings

When the business itself does not have the assets to support a loan, the entrepreneur may need a(n) Blank______.Multiple choice question.accounts receivable loancharacter loanreal estate loaninventory loan

A type of business where there is no legal distinction between the business and its owner is a:Question 5Select one:a.corporation.b.limited liability entity.c.sole proprietorship.d.private placement.

Introduction capital by owner of business is recorded on which side of a cash book? A. Receipts B. Payments C. Incomes D. Expenditures

Generally, a “business” must have some value of its own, apart from its owner.Group of answer choicesTrueFalse

A person who owes money to a business is known as a:Question 2Answera.Partnerb.Debtorc.Creditord.Investor