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25 July, 09:23

Select the correct answer.

Which type of financing refers to giving up some control of the business to raise funds?

A.

owner's equity

B.

equity financing

C.

debt financing

D.

risk financing

+1
Answers (1)
  1. 25 July, 09:53
    0
    B. equity financing

    Explanation:

    Equity financing involves giving up part of the company because it will have to be shared with the partners of the organization who are usually the investors.
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