Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 28, 2024

Is crowdfunding similar to traditional bank lending? a. Yes, but with a twisted business model b. Yes, but it resembles P2P lending as well c.

Is crowdfunding similar to traditional bank lending?

Yes, but with a twisted business model

Yes, but it resembles P2P lending as well

Yes, but it is highlight regulated.

No, since there is no need to pay back the money.

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

Recommended Textbook for

Finance For Growing Enterprises

Authors: Edward W. Davis, Roger Buckland

1st Edition

1138679941, 978-1138679948

More Books

Students also viewed these Finance questions

Question

11. Competition, the primary mechanism of control in the market economy, promotes a unity of selfinterest and social interests. As directed by an invisible hand, competition harnesses the...

Answered: 1 week ago

Question

★★★★★

After discovering a new gold vein in the Colorado mountains, CTC Mining Corporation must decide whether to go ahead and develop the deposit. The most costeffective method of mining gold is sulfuric...

Answered: 1 week ago

Question

★★★★★

Si Mara ya ha ahorrado $5,000 y necesita $30,000 en 3 aos, cunto debe ahorrar cada mes si gana 5.05%?

Answered: 1 week ago

Question

★★★★★

A division is considering investing in capital equipment costing 1.5m. The useful economic life of the equipment is expected to be 30 years, with no resale value at the end of the period. The...

Answered: 1 week ago

Question

★★★★★

The accounting records of LeClaire Delivery Services show the following assets and liabilities as of the end of 2023 and 2022: Cash Accounts receivable Office supplies Trucks Office equipment Land...

Answered: 1 week ago

Question

★★★★★

32. Part A The partnership of Wingler, Norris, Rodgers, and Guthrie was formed several years ago as a local architectural firm. Several partners have recently undergone personal financial problems...

Answered: 1 week ago

Question

★★★★★

Joseph is 72 years old and lives alone in a one-bedroom apartment in Stoughton. For the past 8 years he has been using a walker. He has a high risk of falling and needs assistance with some...

Answered: 1 week ago

Question

★★★★★

Stephanie Parker is a salaried, nonexempt administrator for Forise Industries and is paid biweekly. Her annual salary is $63,000, and her standard workweek is 45 hours. During the pay period ending...

Answered: 1 week ago

Question

★★★★★

Jamie Lee Jackson, age 26, is in her last semester of college and is anxiously waiting for graduation day that is just around the corner! She still works part-time as a bakery clerk, has been...

Answered: 1 week ago

Question

★★★★★

Founded in 1971, GSD&M has grown to become a nationally-acclaimed advertising agency with more than 500 employees and having billings of over $1 billion dollars.

Answered: 1 week ago

Question

★★★★★

Peabody Energys commitment to environmental excellence is driven by the companies mission statement which states that when mining is complete, the company will leave the land in a condition equal or...

Answered: 1 week ago

Question

★★★★★

Although marketing may seem to be the easier place to cut costs during a downturn its actually the last place you should look to make strategic cuts.

Answered: 1 week ago

Previous Question Next Question