Merchandising Businesses and Capital Raising
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Questions and Answers

Which type of business purchases goods to sell to its customers?

  • Merchandising business (correct)
  • Service business
  • Retail business
  • Manufacturing business

    • Why do many merchandising businesses organize as corporations?

  • To have access to customers
  • To have access to technology
  • To have access to resources
  • To have access to capital (correct)

    • How does a corporation raise capital?

  • By selling goods to customers
  • By borrowing money from customers
  • By selling its capital stock to investors (correct)
  • By borrowing goods from suppliers

    • Which type of business organizes as a corporation in order to have access to capital?

    <p>Merchandising business</p> Signup and view all the answers

    How does a corporation raise capital?

    <p>By selling capital stock to investors</p> Signup and view all the answers

    Why do merchandising businesses organize as corporations?

    <p>To have access to capital</p> Signup and view all the answers

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