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Funds raised by selling ownership in the business are a form of:
AEnvoy
BEssay
CEquity
DEntity
Answer & Solution
Correct answer: C. Equity
1. Nothing has to be repaid with interest.
2. The buyer gets a share of the firm.
3. This is equity financing.
_Source: OpenStax Introduction to Business, Chapter 5, Entrepreneurship: Starting and Managing Your Own Business._
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