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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

Question

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

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Solution

The entrepreneur may need a(n) character loan. This type of loan is based on the reputation of the individual borrowing rather than the assets of the business.

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