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In order to raise capital for his business Scrub Daddy, Aaron Krause sought out funding from venture capitalists on Shark Tank in exchange for a
In order to raise capital for his business Scrub Daddy, Aaron Krause sought out funding from venture capitalists on Shark Tank in exchange for a portion of ownership of his business. This type of deal is an example of: O equity financing O debt financing O an unsecured loan O no-load financing Which of the following is a formal pledge (an IOU) where an organization promises to pay interest periodically and repay the principal at maturity (a preset future date) to the lender (or buyer)? Bond indenture Commercial bank loan O Prospectus O Mutual fund Corporate bond Risk retention is a risk management strategy where companies anticipate a certain level of loss and then plan and budget for said losses in their operations and budget. True O False
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