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Personal Finance Help?

All discussions relating to Business Insurance and Business Finance

Personal Finance Help?

Postby Said » Sat May 20, 2017 3:26 am

1.


What is an entrepreneur? (1 point)

a sole proprietorship

a corporation

one who opens a new business

a bank that loans money

2.


Which of the following is the best definition of probable operating costs? (1 point)

Amount of money required to start a business

Amount of money required to market a business

Amount of money required to purchase business equipment

Amount of money required to keep a business running

3.


What may be offered to clients when banks find the risk too high? (1 point)

Proprietary money

Private money

Personal money

Partnership money

4.


Which of the following is a start-up cost associated with opening a business? (1 point)

Equipment

Legal fees/Licensing

Insurance

All of the above

5.


What is a term used widely among real estate investors to refer to non-traditional means of real estate financing, or financing techniques not commonly used? (1 point)

Common financing

Capital financing

Leverage financing

Creative financing

6.


What does "OPM" stand for in leveraging OPM? (1 point)

Organizational profit management

Other profit means

Other people's money

Organizational profit marketing

7.


Generally, a loan obtained from a bank will be a loan.
(1 point)

Taxed

Term

Variable

Collateral-free

8.


Which of the following is not a type of retail bank? (1 point)

Bond bank

Private bank

Offshore bank

Ethical bank

9.


What type of banks were traditionally banks which engaged in trade financing? (1 point)

Private

Merchant

Ethical

Offshore

10.


Which of the following is an example of an unsecured bank loan? (1 point)

Credit card debt

Bank overdrafts

Corporate bonds

All of the above
Said
 
Posts: 39
Joined: Fri Feb 21, 2014 6:20 am

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