When two business firms need large sums ofmoney to finance a major project, they are likelyto establish aa. closed corporation.b. syndicate.c. new sole proprietorship business.d. legal tender corporation.e. conglomerate venture.
When two business firms need large sums ofmoney to finance a major project, they are likelyto establish aa. closed corporation.b. syndicate.c. new sole proprietorship business.d. legal tender corporation.e. conglomerate venture.
Chapter1: Role Of Accounting In Society
Section: Chapter Questions
Problem 14MC: All of the following are sustainable methods businesses can use to raise capital (funding) except...
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When two business firms need large sums of
money to finance a major project, they are likely
to establish a
a. closed corporation.
b. syndicate.
c. new sole proprietorship business.
d. legal tender corporation.
e. conglomerate venture.
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