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11. When looking for capital, bankers and other lenders will usually feel most comfortable investing in a/an A. brand new business. B. chain of new businesses. C. existing busin…

11. When looking for capital, bankers and other lenders will usually feel most comfortable investing in a/an A. brand new business. B. chain of new businesses. C. existing busin…
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4 votes
11. When looking for capital, bankers and other lenders will usually feel most comfortable investing in a/an

A. brand new business.
B. chain of new businesses.
C. existing business with a proven record.
D. really original idea for a business.

asked
User Alvise
by
8.9k points

2 Answers

1 vote

Answer:

C. Existing business with a proven record

Step-by-step explanation:

PF

answered
User Sidharth Panwar
by
8.8k points
2 votes
C) because lenders can evaluate their risk more easily using existing data on how that business has already been performing.
answered
User William Gunawan
by
7.9k points
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