Answer:
If you borrow capital to start a business and the money is provided interest-free, then your cost of capital is zero.
True
Explanation:
Reason being that it does not take any cost to secure such capital i.e no interest, then there is no cost for such capital
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C is the correct answer to the question.
Answer: If you want to purchase any kind of goods and services like furniture, appliances, electronic gadgets, and other such items but you do not have enough money or cash or credit to purchase it, then the rent to own becomes your lender of last resort.
They are the business where they collect weekly or monthly payments of the product and until the cost of the item is not covered and then the items come in the buyer’s possession after the payment is made in full.
Answer:
A) True
Explanation:
Expert power is a power people get in the workplace when they are perceived as having a high level of knowledge in a specific topic. This means that any member of the organization that is not necessarily a manager, can have this power if that person has skills that others don't have. People that have this power are respected and employees are more willing to be guided by that person. Because of this, it is true that Farrah has expert power as the employees at Market Industries go to her when they have computer problems because of the perception that she is extremely knowledgeable.