QUESTION IMAGE
Question
question # 2
multiple choice
an entrepreneur uses ______ when taking money from a savings account to finance a new business.
friends and family
loans
investors
self - financing
Brief Explanations
When an entrepreneur uses their own personal savings account to fund a new business, this is defined as using their own capital, which is self-financing. The other options refer to external sources of funding, not personal savings.
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self-financing