Financing for a business that is currently in the seed phase can be sourced from any of the following except:Question 19AnswerA.CrowdfundingB.Stock MarketC.Venture CapitalistD.GovernmentE.Own funds, family and friends
Question
Financing for a business that is currently in the seed phase can be sourced from any of the following except:Question 19AnswerA.CrowdfundingB.Stock MarketC.Venture CapitalistD.GovernmentE.Own funds, family and friends
Solution
The financing for a business that is currently in the seed phase cannot be sourced from the Stock Market. This is because a company in the seed phase is typically not publicly traded, which is a requirement for raising funds from the stock market. Therefore, the answer is B. Stock Market.
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