Knowee
Questions
Features
Study Tools

Drew has an idea for a new company and needs money to start his business. Drew finds a friend willing to give him money in exchange for a portion of Drew’s new company. What term describes the type of financing the investor is willing to give Drew?

Question

Drew has an idea for a new company and needs money to start his business. Drew finds a friend willing to give him money in exchange for a portion of Drew’s new company. What term describes the type of financing the investor is willing to give Drew?

🧐 Not the exact question you are looking for?Go ask a question

Solution

The term that describes the type of financing the investor is willing to give Drew is "Equity Financing". This is when an investor gives money to a business in exchange for a share or a stake in that business.

Similar Questions

In which type of financing does an investor receive shares for the money invested.Group of answer choicesDebt FundingLoansBusiness IncubatorsEquity Funding

Borrowing money is an example of a/an:Group of answer choicesoperating activity.financing activity.marketing activity.investing activity.

Borrowing money is an example of:Group of answer choicesan investing activity.a non-cash activity.an operating activity.a financing activity.

What are the types of Investors?

The financing method that involves an interest-bearing instrument, usually a loan, the payment of which is not directly related to the sales and profits of the venture is referred to as Blank______.Multiple choice question.crowd financingdebt financingpersonal financingequity financing

1/3

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.