Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1.How will the form of a business be legally described in a lending agreement if the business does not have the capacity to borrow capital
1.How will the form of a business be legally described in a lending agreement if the business does not have the capacity to borrow capital in its own right?
a.
as an unlimited proprietorship
b.
as a sole proprietorship
c.
as an unlimited corporation
d.
as a sole corporation
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started