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6. Joan does not have much experience as she just graduated from the university. She approached you to find out what is bootstrapping? a. Entrepreneurs

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6. Joan does not have much experience as she just graduated from the university. She approached you to find out what is bootstrapping? a. Entrepreneurs raise 'seed' money and obtain other resources necessary to start their businesses. b. Entrepreneurs flesh out their ideas and make them operational. c. Governments foster new business development. d. Entrepreneurs determine whether they have a viable business concept. 7. David asked how low credit-rated commercial companies typically raise funds using which money market instrument? a. Treasury notes. b. Bank-accepted bills. c. Commercial paper. d. Negotiable CDs

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