asked 225k views
1 vote
Liu, the owner of San Diego Mortgage Solutions, a sole proprietorship, wants to obtain additional business capital to expand operations. The additional business capital is most likely limited to Group of answer choices conducting a private offering. issuing stock. bringing in partners. borrowing funds.

asked
User Yuxh
by
8.3k points

1 Answer

5 votes

Answer:

borrowing funds.

Step-by-step explanation:

Since the owner could not add extra partners as it would be transform into the partnership firm in the case when there is an increase in the number of owners.

In the sole propertiorship, there is only one stockholder and he cant able to issue the stock or the initial public offering

Therefore it would be limited to the borrowing funds

answered
User David Shuma
by
8.1k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.