O-LevelCommerceFinance7100/12 · May/June 2019 · Q361 Mark
A public limited company has been refused a bank loan for an expensive project. What would be the most suitable course of action for this company to take to obtain the finance?
Afinding a large amount of trade credit
Blinking up with a venture capitalist
Cnegotiating an overdraft for three years
Dusing up all its cash reserves
✓ Correct answer
B: linking up with a venture capitalist
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